Oil slump: Speculators bet on $15 per barrel in 2016

Oil Barrels . Oil prices

Global oil speculators are reported to be buying put options contracts that will only pay out if price drops to as low as $15 a barrel in 2017. Investors expect an even deeper slump in energy prices as crude oil price plunges further down . . .

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Oil slump: Speculators bet on $15 per barrel in 2016