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Interview: Oil To Hit Low $30s By The End Of 2015: CNBC’s John Kilduff $XLE $OIL $UWTI $USO

The prospect of oil prices falling below $40 receded earlier this year amid a crude rally, but with futures sliding again, investors shouldn’t rule out a three-handle, Again Capital founding partner John Kilduff said Thursday.

“Christmas time we’ll probably be rebounding off new lows off of the mid to low 30s,” he told CNBC’s “Squawk Box.” “We have a lot to go. We’re going to take out the March lows of $43 and trade down to the 30s in my view.”




Originally Aired: Tom DiChristopher | Thursday, 30 Jul 2015 | 7:56 AM ET
Original Link: http://www.cnbc.com/2015/07/30/oil-to-hit-low-30s-by-the-end-of-2015-kilduff.html



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