With both the U.S. and global benchmarks for oil prices hitting fresh six-year lows , analysts are scrambling to figure out where the slide will end. In Monday morning trading, Brent was trading at $43 per barrel and North America’s benchmark, West Texas Intermediate (WTI) was at $39 per barrel. Analysts at Tudor Pickering Holt & Co. in Houston said in their daily note to investors that it’s hard to buy energy stocks with oil prices dropping almost every day at a drip-drip-drip pace. “With oil down again, $20 per barrel predictions will be amplified,” TPH said. “Remember the oil business doesn’t work at these prices.” At Robert W. Baird & Co. in Ohio, analysts said global risks are among the forces working to push West Texas Intermediate below $40 per barrel. The sell-off in global equities witnessed in the last three trading sessions extended overnight, punctuated by an […]