Looking close.... 120 not far off nowOil seems to have become a...

Looking close.... 120 not far off now

Oil seems to have become a non-event now... Very few people interested in discussing it...

On a side note, the oil spruikers who use the argument that oil didn't go up alone, look at copper and iron and whatever...

Try:

Nickel has fallen 30 percent this year, the worst among all LME-traded metals. Prices are now below production costs of so- called nickel pig iron, which accounts for about 5 percent of nickel supply, according to Charles Cooper, a mining analyst at Evolution Securities.

Bring on the bubble bursting ceremony...