Money managers cut their bullish wagers on U.S. crude for the second straight week to the lowest in a month, data showed on Friday, as traders and investors turned increasingly skeptical that OPEC would deliver on its aim to trim output. The speculator group cut its combined futures and options position in New York and London by 41,323 contracts to 227,655 during the week to Nov. 1, the U.S. Commodity Futures Trading Commission (CFTC) said. That was the lowest since early October. During that period, U.S. crude oil prices plunged more than 6 percent. The Organization of the Petroleum Exporting Countries (OPEC) said in September it would restrain output to boost prices, which have languished at less than half their mid-2014 levels due to a persistent crude glut. Iraq, among other producers like Libya and Nigeria, have called for an exemption, raising concerns that an output cut would likely […]