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Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. NJH9PA6JTSEP (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6. Drillers
Coffee Goes From First to Worst as Hedge Funds Hold Short Bets
©2015 Bloomberg News NMPJX96K50XS (Bloomberg) — Coffee, last year’s best-performing commodity, is now the worst thanks to the return of rains in parched growing areas of Brazil. Showers in February and March brightened the outlook for crops that will start being collected in May. With more coffee on the way, exporters
