(Bloomberg) -- Hedge funds are slashing bets on an oil rally amid a rout. Iron ore is on a downward trend as declines for steel prices in China bite. And...
-- Hedge funds are slashing bets on an oil rally amid a rout. Iron ore is on a downward trend as declines for steel prices in China bite. And biofuels are getting a boost over oil in Brazil.Hedge funds turned the least bullish on crude in records going back more than 13 years on the prospect of swelling supplies and waning demand.
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