MarketWatch | Oil tops $37 as traders bet on a weekly fall in crude stockpiles MarketWatch Oil's rebound is “a function of the record-short hedge funds covering ahead of what should be another drop in U.S. oil supply,” said Phil Flynn, senior market analyst at Price Futures Group. “Hedge funds are booking profits as they are starting to ... Dow up 156 ahead of Wednesday's expected rate hike US and European stocks bounce back US Stocks Rise as Oil Rout Eases |