Has Oil Finally Bottomed? Dan Dicker Talks With Jim Cramer

OIl prices have stuck their head over $50 a barrel after an almost straight down collapse since the summer of 2014. Jim Cramer asks Dan Dicker, energy contributor at TheStreet, whether we have seen the bottom in oil. Dicker believes that while a bottom is tough to call, that the fierce rally in oil has started to create some boundaries on oil prices going forward for the next several months. Dicker now believes that the more wild predictions of $25 or $30 oil are very unlikely, but he also believes that several pressures remain on the oil price and $60 a barrel prices are also unlikely to be seen for at least the next several months. Inside of those boundaries, however, Dicker sees some room to trade now. He has been using E+P stocks, including Cimarex and Anadarko.