[Fuzz]

^ On that note...

He believes OPEC would like to set a $50 US a barrel floor for oil, as its members are suffering economically from low prices. That could mean some production cutbacks as the year goes on, or possibly a strategy of waiting for demand to rise as low prices encourage consumption.
"They want $50 oil, this is going to become the new anchor for global oil prices," he said.
"While it may not be an official target price, you'll hear them saying it. They're trying to give the market an anchor."

http://www.cbc.ca/news/business/oil-...479159?cmp=rss