FOX BIZ NEWS: ‘Crazy’ bets on $200 oil invade the options market

‘Crazy’ bets on $200 oil invade the options market



Traders once again are betting that the U.S. oil benchmark will surge above $100 a barrel, from a recent $82, as early as December. U.S. crude, known as West Texas Intermediate or WTI, is up 10% this month, and 70% this year.

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