OPEC wins hedge funds back with jump in oil bets before deal

*Net-long position on WTI rose by most this year: CFTC *U.S. supply drop will be key to sustaining the enthusiasm *Hedge funds are giving OPEC some credit again. 29 May 2017, London — Following four weeks of growing pessimism, bets on rising West Texas Intermediate prices jumped the most this year just as Saudi Arabia […] More »