Disliked{quote} i got 46.xx in a post after above one.. changing it with the high above 50.23, 47.3x is probably a min. on the same line of thought. 50.23 was a min for a deeper drop. i dont have a bias. so i dont care about up or down. i do know the low this year is not as low as 35.08. 35.08 was the lowest one embedded in some other targets over the years. gasoline may have other plans, they are at odds pa wise. gasoline atm at 1.395. gasoline may require 1.74. its f/u atm.. it has a hh and a LL in a cluster of indecision. if Iran comes on line oil should...Ignored
Here is a very interesting article about who wins and who loses from low oil prices.
http://www.economist.com/news/intern...rident-critics
The Saudis (who are not too fond of Iran) can afford them for a long time - the Iranians can't