Apparently, the oil supply glut will last into 2017.
http://www.ft.com/cms/s/0/d47409a0-d951-11e5-98fd-06d75973fe09.html#axzz41GSs0gkQ

Perhaps the March meeting with the gang of four, Saudi Arabia-Russia-Venezuela-Qatar, would at least help to prevent the oil price from falling to $20!
http://tass.ru/en/economy/859026

Since the market always looks ahead, perhaps the bottom of the oil price, this time round, is reached already?!

For the March 2016 “>20%” monthly oil stock competition, which oil stocks will have the greatest move for

(i) >20% gain?
(ii) >20% loss?

You may enter two stocks, one for (i) and one for (ii). More than one person may enter the same stock. The deadline for the March competition is midnight on Monday, 29 February 2016.

Good luck!!!

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