Bloomberg: Speculators Push Oil Into Bear Market as Supply Rises

I love Fracking. Take that, you nasty foreign oil-heads.

From Bloomberg, Oct 13, 2014, 3:47:22 PM

A worker hangs from an oil derrick outside of Williston, North Dakota. Photographer: Gregory Bull/AP Photo

Money managers reduced bets on rising oil prices by the most in five weeks, helping push U.S.- traded futures into a bear market.

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