Sharky

$25 a barrel does worry me alot....Then again these are the same idiots that were saying oil could hit over $200 just a few months ago. I do believe you to be correct about OPEC and the others,,They won't allow things to get too low before doing something,,like stop producing. Problem is Saudies only need oil to be around $25 ( which is probably where that number comes from) where as Venezuela is rumoured to be around $100. Unless they all cooperate it could still go down more. CLL has weathered the storm and seems to have deveolped a bottom at around .90...hope it sticks.