Hedge Fund Crude Bets Tumble Amid Surging Global Supply

Speculators are the least bullish on U.S. crude oil prices in 16 months as refinery maintenance weakens demand at a time when Libya and Iraq are swelling global supplies. Futures dropped a fifth consecutive week after money managers reduced net-long positions in West Texas Intermediate, the U.S. …

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Hedge Fund Crude Bets Tumble Amid Surging Global Supply

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