Oil Rises a Fourth Day; Hedge Funds Buy Gas

Bloomberg – Hedge funds increased bullish bets on natural gas for the sixth time in seven weeks as a drop in U.S. nuclear power output to the lowest level in more than four years raised speculation that utilities will boost gas-fired electricity generation.

Crude oil gained for a fourth day in New York, the longest rising streak since December, as escalating violence in the Middle East and Africa threatens to prolong supply disruptions.

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