Surely the bottom for oil is close...I notice that crude and Brent are now unusually within a few cents of each other at $48 but dropping again. Maybe the $45 to $49 range is where it settles now but for how long? Much preferable to the seemingly eternal price drop day by day...death of 1000 cuts. The price calls to $30 I think were never believed. OPEC only needs it in the $45 to $48 range for 6 months to take out a gaggle of players and whack their chances of coming back into production anytime soon. Thank goodness for goodness.
LNG Price at posting:
$2.35 Sentiment: None Disclosure: Not Held