UPDATE 2-Big funds turn bullish on oil; Hall bets on rally H2 onwards

April 11, 2015 12:22 AM

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NEW YORK, April 10 (Reuters) - Big money investors are calling a bottom in oil prices, U.S. government data showed on Friday, with hedge fund heavyweight Andy Hall predicting "much stronger prices" from the second half onwards.

Money managers and other big speculators in U.S. crude oil futures and options raised net long positions that call for higher prices by some 52 million barrels in the week to April 7, data from the U.S. Commodity Futures Trading Commission showed.

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