Seeking Alpha - WTI: The Prospects For Oil In The Second Half Of 2020

Summary

• Oil will soon make a move out of its current $40-$43 trading range higher due to a lack of drilling activity to replace bbls lost to decline.
• It's more a matter of when than if.
• We see U.S production falling to ~7-8 mm BOEPD by year's end.

https://seekingalpha.com/article/4369306-wti-prospects-for-oil-in-second-half-of-2020