Bloomberg | OPEC Deal Extension Isn't Enough to Rope in Crude-Oil Bulls Bloomberg Hedge funds trimmed bets on rising crude prices to the lowest level since November as oil futures dipped below $50 a barrel amid skepticism an OPEC-led campaign to cut output will soon curb a worldwide supply glut. Speculators fled bearish positions ... Oil gains more than 1 percent on Middle East schism Rising Middle East tensions push up oil prices Oil drops on fears of more US drilling after climate deal withdrawal |