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Re: ACanJadaS post# 9590

Tuesday, 12/13/2016 9:23:32 AM

Tuesday, December 13, 2016 9:23:32 AM

Post# of 25735
I don't think we'll see much activity in 2017 from Henc, as always they'll wait until the deadline is on the horizon so look at the second half of 2018.
60$ is probably the max for the oil price before shale comes back in full force. The rig count is going up massively the last few weeks and that will have effect on supply in the second half of 2017 - and as such for the oil price. But who knows, it's been a rollercoaster the last few years for oil and so many surprises...