Bulls betting on a pop in oil prices outnumber bears five to one, but Cyrus Sanati believes the bulls will get burned, pointing to more signs oil prices will retreat than rise. Money managers may be looking for an October surprise from Iran or Israel, "but it is more likely to come from a bull-crushing release of oil from strategic reserves than from a long-shot bombing raid by Israeli F-16s."
Bulls betting on a pop in oil prices outnumber bears five to one, but Cyrus Sanati believes the...
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