The Traderszone Network

Published in TZ Latest News 8 December, 2014 by The TZ Newswire Staff

Hedge Funds Betting That OPEC-Led Oil Rout Is Near End

Hedge funds are betting that the oil-price crash is close to ending. Speculators boosted their net-long position in West Texas Intermediate crude by 14 percent in the week ended Dec. 2, the most in 20 …