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Analyst: Oil Prices Could Hit $15
U.S. crude oil fell to a low of $41.35 per barrel on Friday before climbing above $42 early this week. Cumberland Advisors co-founder David Kotok, however, told CNNMoney that the market could see "$15 or $20 oil easily."
"There is no evidence whatsoever to suggest we have bottomed," Kotok said of the oil market.
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Hmmmm
U.S. crude oil fell to a low of $41.35 per barrel on Friday before climbing above $42 early this week. Cumberland Advisors co-founder David Kotok, however, told CNNMoney that the market could see "$15 or $20 oil easily."
"There is no evidence whatsoever to suggest we have bottomed," Kotok said of the oil market.
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Hmmmm