Oil import bill set to swell on bullish bets

Total cuts through March 2020 would be 1.7 mbpd, Opec said on Friday.Dec 09, 2019, 08.16 AM ISTShutterstock.comThe price of the near month 65 strike call option jumped by 130% to $1.06 a barrel in the week through Friday as traders increased their outstanding positions, or open interest (OI), on the counter.Mumbai: North Block’s money…

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