Hedge funds have added to bullish positions in oil and most refined products even as prices hit their highest since 2015, in a sign investors expect prices to move into a higher range. Hedge funds and other money managers had accumulated bullish long positions in crude, gasoline and heating oil totaling 1.189 billion barrels by Oct. 24, according to regulatory and exchange data. Portfolio managers have increased long positions in the five main petroleum contracts by almost 374 million barrels (46 percent) since the end of June and the number of paper barrels now comfortably exceeds the previous peak set in February. From a pure positioning […]