Oil these days

Hey guys plz feel free to briefly/extensively comment on how oil is doig these days :slight_smile:

if Prius is recalled, price of crude will sky rocket…long a few contracts

from http://ftalphaville.ft.com/blog/2010/02/02/139176/what-on-earth-are-oil-investors-thinking/ “Without this end demand for product, crude prices are fundamentally crippled on the upper bound. Whether the bulls realize that (and yesterday’s price action indicates they don’t) is another matter. More to the point, the bulls probably do realize how bad the fundamentals are for crude oil, but they probably just don’t care.”

Still a lot of spare capacity withing OPEC and end user demand for refined products remains weak. Surprised its traded in this band for this long.