Probably re-tests the $28 to $32 area over the coming months, production declines in the USA and other non-opec production should keep us from breaking to new lows, steady climb probably starting September back to the $40 to $45 area in anticipation of the October OPEC production deal. Probably by that time we see some real significant declines in non-opec production where any deal they come to agree on is a moot point.
That's my guess.
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