Bloomberg | It's the Iranian Oil Guessing Game. And the Bears Are Winning Bloomberg Hedge funds reduced bets on rising West Texas Intermediate crude prices for an eighth straight week, the longest streak of reductions on record, even as curbs on Iranian oil are set to kick in. After sanction fears propelled the benchmark to four-year ... Soaring US Oil Production Forces Prices Down Oil prices drop as wave of supply meets global economic gloom Oil prices sink 10.8% in October, settling at $65.31, in worst monthly loss since July 2016 |