CNBC | Don't trust the oil rally. This trader says crude is headed back to the $30s CNBC Crude oil prices won't see $60 anytime soon and in fact might not even get to $50. The fundamental picture for crude tells a story of a commodity that is headed back to the $30s. The current drawdown when analyzed should be credited to the weather ... Oil falls below $49 but set for weekly rise on OPEC hopes, US stocks Cashing In On Busted Prices, China's Oil Imports Surge Oil supply deal between Saudi Arabia and Russia an unlikely alliance |