Hedge Funds
<p>Oil seems to have hedge funds in its corner as futures stagger toward $50 (Dh183) a barrel.</p> <p>Money managers haven&rsquo;t been so optimistic about West Texas Intermediate crude since April, piling on bets that prices will rise while short-sellers step back. It helps that supplies in the US, the biggest oil consumer, have shrunk to the lowest this year.</p>