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
2017-04-25 Deepa Venkateswaran, Bernstien: UK government energy price cap 'sheer politics'
2017-04-23 Gary Cohn, National Economic Council Director, Institute of International Finance: Cheap Energy is a competitive advantage
2017-04-23 David Seaburg, Cowen & Co. and Larry McDonald, ACG Analytics: Five-month low for energy
2017-04-15 Jeroen van der Veer, former CEO, Royal Dutch Shell: Underinvestment Keeps Oil Prices High
2017-04-15 Charif Souki, CEO, Tellurian :Oil, Gas Make 'Two-Commodity World'
2017-04-14 Stephen Davies, CEO, Javelin Wealth Management: Oil Price recovery to be capped