Eshmun, I think oil will go up significantly in the future, it...

Eshmun,

I think oil will go up significantly in the future, it simply isn't economically viable to stay as low as it is now for an extended period of time.

However, I won't be holding my breath for a quick bounce back up to ''sustainable levels'', we have slowing growth, very weak demand and a glut of oil on the market. I'd bet that oil prices are going to remain depressed longer than most might imagine.

If it turns out that in a years time you're right, then please remind me of my comments

Cheers
Ivan