end of year oil price predictions, page-14

I wouldn't be laughing at anyone saying oil could be $60 by the end of the year let alone 2yrs.

I mean take a pure fundamentle approach, Oil was worth less then $60 only 18 months ago. Assuming $60 was a far price, are conditions really that different from 18 months ago?

Of course $60 is easily acheivable and so are prices much lower long term let alone short term.