I feel the price can rise back to $6-$7 easily.... $10+ - I am not so sure without a war or some unrest in the middle east somewhere!
It all obviously depends on demand and supply for the units in the fund.....
A distribution from the fund may also be a catalyst for a climb in price, but realistically if there continues to be less volatility in Oil prices I feel we can expect a steady increase over the mid term and likely a reasonable distribution.
OOO Price at posting:
$19.36 Sentiment: Buy Disclosure: Held