Hedge funds piled into bullish bets on Brent oil at the fastest pace in almost a decade as fighting between Iran and the US ramped up, dampening investors’ expectations of a sustained recovery in shipping through the Strait of Hormuz.
Hedge Funds Add Bullish Oil Bets at Fastest Pace in a Decade
Hedge funds piled into bullish bets on Brent oil at the fastest pace in almost a decade as fighting between Iran and the US ramped up, dampening investors’ expectations of a sustained recovery in shipping through the Strait of Hormuz.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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