Hedge Funds Rush Into Bullish Oil Bets Amid Iran Risk, US Freeze

Hedge funds turned the most bullish on Brent oil since early April as President Donald Trump touted a growing US military presence near Iran and traders monitored the fallout from...

By Mia Gindis · Bloomberg

Hedge funds turned the most bullish on Brent oil since early April as President Donald Trump touted a growing US military presence near Iran and traders monitored the fallout from a sweeping winter storm.