Oil Drop Below $80 Vindicates Cautious Investors Trimming Bets
Extracted crude oil splashes on a worker’s hand as it’s being pours from a pipe in the village of Wonocolo, East Java, Indonesia. (Dimas Ardian/Bloomberg)

Oil Drop Below $80 Vindicates Cautious Investors Trimming Bets

(Bloomberg) -- Money managers’ reluctance to get behind the oil rally is finally paying off.
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