
A recalibrated outlook for the global economy has caught the attention of oil investors, who have been increasing their bets in oil futures at the fastest rate in more than two years, a trend that is likely to continue and prices will do well in the coming months will support.
That view helped prices for the main international benchmark crude, Brent, trade at just above $88 earlier this week, which is about $10 off the January low of around $78.
Higher oil prices could potentially…