Extreme Oil Bears Bet on $25, $20 and Even $15 a Barrel in 2016

Oil speculators are buying options contracts that will only pay out if crude drops to as low as $15 a barrel next year, the latest sign some investors expect an even deeper slump in energy prices.

Sourced through Scoop.it from: www.bloomberg.com

See on Scoop.itOil and Gas Development in Lebanon and East Mediterranean

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