I agree the analysts should shut their trap. The majority (70%) trading crude is the commercials (refiners/oil producers). Speculators do not have the weight to push the market around. Electronic trading also has little to do with it.

Liquidity in the pit/on the screen may have alot to do with it. NYMEX locals have been known to be the dirtiest in the biz.

There will be an investigation soon regarding price manipulation. Based off of the price action this morning, IMHO today's rally was alot of liquidation due to margin calls (margin is only $10k a contract which is a $10.00 move in the market).

Stock market selloff due to unemployment jumping .5% didn't help matter and just magnified the recent inverse relationship between the stocks and oil (almost matching new lows in the stocks with new highs in the CL today)

Off to fill up the beast and burn 2 gallons on the way home