Jeff Currie ventured his year-end forecast of $50 after this week's OPEC meeting. West Texas Intermediate Crude spot price is currently $58.88. If he is right, there would be no rush to buy USO shares yet. The 30-week moving average and the current price are converging, but may not cross for several months if the oil price heads lower between now and the end of the year.
http://www.benzinga.com/media/cnbc/15/06/5573006/goldman-sachs-oil-will-be-at-45-in-october-and-50-by-year-end
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