I'm not an American but it looks like Iran is challenging the US now they now they have big problems inside and public opion is not good for another war in the Middle East after the Irak debacle .

The Iranian leader is a wacko .Acting with weapons and on the other hand also has great problems inside his country.

3.74 closing price .We recovered a bit till the end.

What do the US and Canadian guys here think about the oil price.Is that reflecting the true value or just speculation?Where is the price heading to?Can't climbing forever .Maybe good for CLL but after all it will put a demper on consumption .

1.5 € for 1 liter gasoline today here and 0.8 € for heating oil.Thinking that in normal conditions here a house uses 2000 l or more it's quite a lot of money to heat the house.It's 0.3 € more then previous year which means 600 € plus .I don't like it and hope it will come down .

The traders I think are also taking the possibility that the oil price can come down .So for CLL we could see profit taking if this occurs.