Hedge Funds Boost Bullish Oil Bets Amid Iran, Kazakh Supply Risk

Hedge funds upped bullish wagers on crude to the highest since August amid supply disruptions in the Black Sea region and uncertainty surrounding Washington’s plans for Iran, one of the...

By Mia Gindis · Bloomberg Markets

Hedge funds upped bullish wagers on crude to the highest since August amid supply disruptions in the Black Sea region and uncertainty surrounding Washington’s plans for Iran, one of the world’s top producers.