As oil-battered investors say farewell to 2015, Tom Kloza, founder and global head of energy analysis at data firm Oil Price Information Service, or OPIS, is offering a pretty dour outlook for crude-oil prices in 2016. Kloza is predicting that West Texas Intermediate crude-oil futures traded on the New York Mercantile Exchange CLG6, +1.28% will hit $32 a barrel. On Thursday, the final day of the trading year for markets, WTI crude prices were at $37.76, or 3.6% higher. But over the longer term, Nymex-traded oil, the U.S. benchmark, has lost 30% of its value in 2015, while Brent crude, its European counterpart LCOG6, ... (full story)