Oil jumped into bull market territory as U.S. trading took off Thursday, completing the turnaround from a bear market dive in just three weeks as falling stockpiles and talk of an OPEC output cap keep fueling gains. Crude is now up more than 20% since it settled for just one day below $40 a barrel on Aug. 2, the latest in a series of violent swings that have now characterized the oil market for more than two years. It would confirm the bull market if U.S. oil settles above $47.41 a barrel and for Brent if it settles above...

Source: Wall Street Journal August 18, 2016 11:12 UTC