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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (18930)	6/13/2016 7:34:20 PM
From: Goose94	Read Replies (1) \| Respond to of 202668

Crude oil turning over with DOWn: Oil below US$49.00/barrel

To: Goose94 who wrote (18930)	6/14/2016 4:28:19 PM
From: Goose94	Respond to of 202668

Which way are crude oil prices going? Crude continues to back off of its 2016 highs hit last week, falling below $50 per barrel. Some see the rally as overdone, with supplies coming back online from disrupted sources. But Michael Rothman, president of Cornerstone Analytics and a top Wall Street energy analyst, predicts that oil prices will surge above $85 per barrel before the year is out. That echoes the views of Harold Hamm, CEO of Continental Energy, who sees oil at $70 this year. They are not necessarily in the mainstream, but sometimes it pays to take a contrarian view.