There's a lot of noise recently from people who want to manipulate the market. I think most of the talk about $60 oil is coming from them, and they will sell their positions as soon as they see that won't happen. We could thus be in for a nasty drop in the price, likely down into the low $40's pretty quickly.
BP's prediction, though, is another story. I'm inclined to agree, but I'm not sure I'm happy about the source, given their inability to estimate even their own reserves...
Hard work often pays off over time,
but laziness always pays off right now.