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  • $25 Oil Could Happen Before a Return to $100 [View article]
    "...so I'm guessing we are getting close to the point where stocks will turn the corner... The truth is, I have no idea where oil prices are headed."

    I'll take your 2-to-1 wager. At $25 a barrel, all of the unconventional, most of the US onshore, and half of the Gulf Coast gets shut in. Equilibrium is ~$50 on reduced demand in China.
    Dec 05 09:16 am |Rating: +4 -2
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