Marina Schwarz + 1,576 February 13, 2018 Just a mental game. What do you think should happen for prices to slump back to $40? Quote Share this post Link to post Share on other sites
Seleskya + 50 AS February 13, 2018 Well, first, I'd bet on $55 oil, not necessarily $40. I think the fundamentals will support $55 oil. For $40 oil, the world would have to be much more stable than it is and US shale would have to really kick it into gear at the same time. Quote Share this post Link to post Share on other sites
LAOIL + 33 OS February 13, 2018 Not a great fundamental picture, and I would by into oil below $55... Quote Share this post Link to post Share on other sites
Rodent + 1,424 February 13, 2018 $40 oil you say? US shale, combined with more tech advances. Russia giving up on the OPEC deal.China realizing it can no longer keep up with its ambitious green plan. 1 Quote Share this post Link to post Share on other sites
TraderTate + 186 TS February 13, 2018 more production from other non-OPEC producers, besides the US. Quote Share this post Link to post Share on other sites
Missy + 43 MM February 14, 2018 IEA's Oil Market Report. 1 Quote Share this post Link to post Share on other sites