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researcher59

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Re: hardcore post# 16595

Thursday, 01/14/2016 9:55:29 AM

Thursday, January 14, 2016 9:55:29 AM

Post# of 113739
You see oil stabilizing this year, then dropping to $16/bbl in 2017 ??? That sounds extremely bearish to me.

I'd guess we could see the front month futures hit bottom in the mid $20's in the coming months, but I expect a strong 2nd half rebound to $40+ by year end.
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