July 15, 2013 at 13:00 PM EDT
Gulf Oil CEO Joe Petrowski Says Market Supply Will Bring Oil To $50 A Barrel
CEO Joe Petrowski of Gulf Oil (NASDAQ: GURE ) thinks that oil will be around $50 a barrel by the end of the year. He explained why on CNBC's Squawk Box on Monday morning. "It's simple economics. We're producing record amounts of oil and natural gas in the
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