price
Posted: Mon Dec 05, 2016 4:51 pm
Do you expect oil to keep flopping around the low $50s for awhile? Will it take improved Q4 numbers to move the needle now?
Susan & I are on vacation this week. Just checking in from Grand Caymon today.
Yes, I do expect WTI to flop around in the low $50s until we see proof that OPEC members are going to comply with their agreement. Falling OECD inventories will also help.
I will be back at my desk on Monday, December 12.
I will be in Dallas on Wednesday , December 14 for our luncheon.