Oil: Is The Bottom In?

The recent rise in oil prices has been just as extraordinary as the recovery in stock prices. Given that oil has surged nearly +60% from its lows just over a month ago, is it reasonable to expect that the bottom is now in for oil prices? Or is it still possible that we could see fresh new lows despite the recently strong advance?

Please click on the link to read more of my article on Seeking Alpha.

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