Archive for the ‘Crude Oil’ Category

Hedge Funds Raise Bets on Rising Oil Price to 13-Week High

Hedge Funds Raise Bets on Rising Oil Price to 13-Week High
Hedge funds last week boosted their holdings of crude oil futures and options to the highest level in 13 weeks in a bet that Tropical Storm Bonnie would delay imports to states along the Gulf of Mexico, reducing supplies. Oil jumped 6.5 percent in the week ended Aug. 3 as the funds, along with other...
August 9th, 2010 | Crude Oil, Feature | Read More