Hedge funds and money managers raised bullish wagers on U.S. crude oil in the latest week, data showed on Friday, as prices rose with the risk of global supply disruptions remaining high. The speculator group raised its combined futures and options position in New York and London by 31,273 contracts to 472,907 in the week to April 17, the U.S. Commodity Futures Trading Commission (CFTC) said. During the period, oil prices rose about 1.5 percent. Oil markets have been supported by the sentiment that there are high risks of supply disruptions, including conflicts in the Middle East, renewed U.S. sanctions against Iran and falling output as a result of political and economic crisis in Venezuela. However, Brent crude speculators cut […]