Jim Cramer and Dan Dicker Discuss the Steady Run Up in Oil Prices

Dan Dicker, energy contributor for TheStreet.com, talks with Jim Cramer about the steady run-up in oil prices to over $55 a barrel. Dicker believes that the bottom in oil is likely in, but does not believe that means that oil prices will only go up from here. Instead, he still believes we'll see a range-bound oil market for the next several quarters, moving between $45 and $60 a barrel. Increases in demand reported by the IEA will be counteracted by the continuing heavy production from Saudi Arabia and U.S. shale producers. Until these production sources are tamed and at least begin to level off, prices will remain distressed and under $60.