Oil's bull run wavers as investors wait to see what 2018 holds

Hedge funds lowered their bets on Brent crude after they rose to a record a week earlier. And the net-bullish position on West Texas Intermediate, which hit a nine-month high last month, dwindled for a third straight week. The message: After a months-long build-up, investors are wavering, concerned U.S. crude will continue to boom in 2018, undercutting OPEC’s push to drain a global glut. More »