Naked Oil: "The price of Oil could fall dramatically during the first half of 2012, possibly as low as $45 to $55 per barrel"

read more from the oil drum....


"All is not as it appears in the global oil markets, which have become entirely dysfunctional and no longer fit for its purpose, in my view. I believe that the market price is about to collapse as it did in 2008, and that this will mark the end of an era in which the market has been run by and on behalf of trading and financial intermediaries."