TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer doesn't see any bargains in oil stocks. 'The data we're getting about oil continues to show a decline in the amount of drilling,' Cramer said, adding that he expects oil to fluctuate between $45 and $50 a barrel. West Texas Intermediate, the U.S. benchmark for oil, slipped four percent to $48 a barrel on Friday, following the historic Brexit referendum. 'With the oil stock like Exxon Mobil (XOM) and Chevron (CVX) having just broken in the last few days - they act as if oil is going to $80 and I don't think it's doing that,' Cramer said.
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