RE:RE:Irrational exhuberance ?
Thanks to the posters for the article and the comment. I am bullish on oil and on BTE, but oil has a traditional seasonality - March through June - that the author is highlighting. In this case the seasonality is combined with the possibility of production curtailment ... or more likely flattening and a meeting on March 20.
I think the Bloomberg article raises a legitimate cautionary note. Personally I would be much more confident about a sustained rally in H2/16 rather than ine in H1.