Hedge Funds Hike Bullish Oil Bets to 10-Month High on Iran Risks
Hedge funds turned the most bullish on Brent crude since early April as traders hedged against the risk of a military conflict between the US and Iran and potential supply...
By Mia Gindis · Bloomberg Markets
Hedge funds turned the most bullish on Brent crude since early April as traders hedged against the risk of a military conflict between the US and Iran and potential supply disruptions from the OPEC member.