14.12.2015 - Wall Street is searching for a bottom in the oil price ? and getting ready to pile in
It's already bad in the energy sector. And it may get worse. Some of Wall Street's top names are trying to figure out how low the oil price could go. Speaking on CNBC's "Fast Money Halftime Report" on Friday, billionaire investor Carl Icahn said that the oil price could fall further because it started to pick up again. "I don't think anybody thought it would be this bad because you obviously have the Middle East, Saudi Arabia just keep pumping and pumping and pumping oil," he said. "And that's a secular change that you can't do anything about. It's a political thing also."..............................................Full Article: Source
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