As you said Footy, the key is production and I'd say the key has been pulled from the pocket and is about to enter the lock. Will it turn or wont it is the key question.
With news such as this from bloomberg, we may be primed :)
Crude oil for December delivery rose 19 cents, or 0.2 percent, to $94.26 a barrel on the New York Mercantile Exchange, the highest settlement level since Aug. 1. Prices are up 1 percent since Oct. 28. Oil has risen for five consecutive weeks, the longest streak since the period ended April 3, 2009. Futures have risen 3.2 percent this year.
Brent oil for December settlement gained $1.14, or 1 percent, to $111.97 a barrel on the London-based ICE Futures Europe exchange.
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