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Bullish oil bets by hedge funds up the most in four years

One analyst says Iran deal has already been priced in
Tuesday, April 7, 2015 - 05:50
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Hedge funds increased bullish oil bets by the most in four years as negotiators worked overtime to reach a deal over Iran's nuclear programme.

New York

HEDGE funds increased bullish oil bets by the most in four years as negotiators worked overtime to reach a deal over Iran's nuclear programme.

Speculators boosted their net-long position in West Texas Intermediate crude by 21 per cent in the seven days ended March 31, US