Moody's Predicts Oil at $40-60

[Marina Schwarz + 1,576]

Moody's is skeptic about oil prices, forecasting them at $40-60 a barrel this year. Now I'm hearing that OPEC has also toned down it optimism, expecting the notorious market rebalancing to occur towards the end of the year. Time to curb some enthusiasm, perhaps?

[Seleskya + 50]

I think there are more enthusiasts at this point: Hedgefunds calling $80 Brent and $65-$67 WTI ... but that's a huge spread. 

https://www.cnbc.com/2018/01/03/us-crude-oil-just-hit-61-a-barrel-for-the-first-time-since-june-2015.html