Oil < $50 a Barrel. The Dirty Spekulant thread

[Martin@AS Financial]

According to the report below the price of oil could tumble to as low as $40 (£26.39) a barrel and take several years to recover, experts have claimed.



Oil price &lsquo;could sink to $40 a barrel&rsquo; - FTAdviser.com

[DimPrawn]

According to the report below the price of oil could tumble to as low as $40 (£26.39) a barrel and take several years to recover, experts have claimed.



Oil price &lsquo;could sink to $40 a barrel&rsquo; - FTAdviser.com

Is that the same expert that said peak oil meant $200 a barrel and the price will never fall below that level?

Goldman&#39;s Murti Says Oil `Likely&#39; to Reach $150-$200 (Update5) - Bloomberg

[AtW]

Is that the same expert that said peak oil meant $200 a barrel and the price will never fall below that level?

Yes, but at least this time he is "playing" the market in our favour, so shush!