Oil - Where do you see it by the end of the year?

[trent]

Oil went above $69 today, but I think that it doesn't have much upside left right now. I'm waiting for a pullback to at least $50 before buying, because I think it went up too far, too fast. Nevertheless I think oil will end 2009 over $60.
What's your take on this?

[bullish]

Oil will go down because it's too expensive. The recovering economies might support it a little, however price over $40 is too high in my view.

[Canadian]

It won't end the year above $60 in my opinion, unless there is a huge devaluation of the USD meanwhile.