oil starting to become oversold10 Dec 2014 17:31
don't expect wti to fall below $60, so a bounce on both wti and brent could be due. Even if it does fall further, at these levels it's almost guaranteed that oil will be above this level by the end of 2015, and that's at the very minimum. If oil stays this low till tomorrow morning, I expect BG to open at around £8.50, and I will be in.