The phrase "oil bulls" refers to people who believe that the price of oil will increase. They are optimistic and expect that the value of oil will rise in the future.
Sentences with «oil bulls»
Unfortunately, for the crude oil bulls, each cyclical rally will be unable to exceed the price level of the previous rally. (netpicksetfinvestor.com)
The good news for oil bulls is that production gains may be ending soon. (peakoil.com)
Previous oil bull markets have been accompanied by powerful narratives: the explosion of the Asian middle class — especially in China — means huge demand. (moneyweek.com)