Oil Holds Slump as Mideast Tensions Ease Before OPEC+ Decision

(Bloomberg) -- Oil held its biggest weekly loss in two years, as hedge funds piled into bearish bets after an Iran-Israel truce ahead of an expected OPEC+ supply hike.Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City CenterSprawl Is Still Not the AnswerMapping the Architectural History of New York’s ChinatownWest Texas Int