WTI Crude Oil futures traded higher, reaching a high of $65 per barrel before settling at $64.70. The market has gained 4.5% since mid-August after recent comments from the Federal Reserve chairman opened the door to rate cuts next month, pushing the dollar lower and supporting oil prices. Volatility is also nudging higher, and speculators have been adding to their net long positions, reversing a recent trend of multi-decade lows. Todd Colvin discusses.
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