RE:RE:RE:RE:RE:Kopits: WTI at $85 by the end of Q3 2015 (CNBC yesterday)
Good point Oli, just saw a bit of Andrew McCreath on BNN this morning showing a graph that both Russia and OPEC are producing at the highest level since 2010 and rig count in Saudi and surrounding countries continue to increase. For Russia, they need the cash. Cost of production lower due to increased volume? Middle East is determined to shut US rigs. Does the increased production offset US decrease? Impact of these actions normally take 6 months. I doubt Koptis outlook.