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Oil could record a sluggish six-month period of sluggish prices, moving forward, particularly if the U.S. and global recoveries do not achieve projected GDP growth rates. Still, investors should view the above as a good opportunity to acquire shares in promising oil plays, which is why I'm Reiterating my Buy rating for Ultra Petroleum Corp. (NYSE: UPL), first recommended on June 4, 2009 at a price of $46.00.
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