Bullish Oil Bets at Four-Month High as Investors Eye 2025 Risks

(Bloomberg) -- Bullish oil bets reached a four-month high in the penultimate week of 2024 as investors position for a new year that will see Donald Trump’s return to the White House.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Money managers boosted net-long positions on West Texas Intermediate by 21,694 lots to 182,895 lots during the week ended Dec. 24, according to the Commodities Futures Trading Commission. Oil futures traded in a less-than $3 band duri