Oil fell sharply Tuesday, but according to these experts prices are set to get better in the long term.
"It has to get worse before it gets better," Darren Horowitz, energy analyst at Raymond James, told CNBC's "Power Lunch." He added that the market will come out stronger within the next three to five years.
In the short term, Janus Capital Group's Kris Kelley doesn't see any positive catalysts for oil. The equity analyst has identified a trifecta that will exacerbate oil fundamentals in the next few weeks.
"Demand has to soften, the supply has yet to rollover, and then you've got a seasonality factor with the refineries going into maintenance season," he noted.