egoist

$25 Oil Could Happen Before a Return to $100

25$/b is too crying figure. But when for just one week price is crushing on 25%, then probably we can see such levels.
As for me, im in long now i id like to see a rebound near 40$ to max 60$. And then its all about OPEC decision on 17th december - if we will see 1.5-2mbpd cut we can meet some bottoming process.

Oil May Trade in the $80-100 Range for a While

im agree with Realist, i cant imagine crude below even 50$/b but on the other hand couple of years ago i couldnt imagine oil above 100$/b.
now id like to emphasize only two thinks wich are read dont remeber where: 1) opec isnt trying hard to push prices higher cause of president elections in US - Obama, McCain sould not promise to reduce oil influence on US and 2) the fact that Russia started increase cooperation with opec - its already smells very bullish on longterm basis.

Analyst: Oil Prices Inflated by 50%

If do not count politics, opec, in investigation how much oil really should cost, Fadel right. But in deed its all about huge speculators. And you can explain anyhow when prices surging or falling. They are under specultaors conrol thats why forget about demand, supply and bla bla bla.