Oil prices are on the rise today, on track for their highest close since April as analysts continue to forecast supply deficits. Along with summer demand hopes, the Organization of the Petroleum Exporting Countries and its allies' (OPEC+) decision to extend most of its oil output cuts triggered hedge funds to build up their oil positions in June. The energy sector saw high buying volume last month and climbed alongside Brent crude oil, according to Goldman Sachs. However, investors may want to hold off on a ...