Quote from JSSPMK:
"...I do not expect huge growth or drop in oil, however high volatility
is quite possible. Significant growth is not too probable since OPEC has
huge unrealized potential and will be happy, if they are happy with
prices.
On the other hand in a inflation-waiting world low price combined
with stable or even not very fast growing stocks will attract lots of
investors in futures. My forecast is we're a approaching a long-term period
of comparatively stable oil prices in the range of 60-85 USD. Unexpected
drop of USD rate to 1,7 vs EUR may change this..." - from e-mail exchange with friend in commercial banking.