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Re: None

Monday, 07/10/2017 2:01:15 PM

Monday, July 10, 2017 2:01:15 PM

Post# of 5880
Citi making bullish calls for $60 now, down from $70 and $65 earlier in the year.

From 2/21 (shortly before the first big dump):
http://www.cnbc.com/2017/02/21/bullish-citi-analysts-call-for-crude-oil-to-hit-70-by-year-end-but-elsewhere-skepticism-grows.html

From 4/18 (again before the 2nd big dump):
http://oilprice.com/Energy/Oil-Prices/Citi-Sees-65-Oil-By-Christmas.html

Over the weekend:
https://www.reuters.com/article/us-oil-prices-idUSKBN19U0UR
http://oilprice.com/Energy/Oil-Prices/Citi-Demand-Growth-Could-Push-Oil-To-60-By-Christmas.html

Also a flurry of bullish articles out since Friday.

To be fair, Citi did say 'V-shaped' recovery just before the last bounce...but how long did that last? lol.

from 6/23:
https://seekingalpha.com/news/3275198-prepare-v-shaped-rebound-oil-prices-citi