Hedge funds and other large speculators upped their bets on rising crude prices, according to a...

|By:, SA News Editor

Hedge funds and other large speculators upped their bets on rising crude prices, according to a report from the CFTC. A potential labor dispute of union workers at U.S. refineries and ongoing threats from Iran to cut off supply weigh on the minds of traders. Brent crude +0.1% to 111.60, WTI crude -0.4 to 99.20.