Just read a artickle of the Belgian Times magazine about oil futures.

Probably there was heavy volume on the February 30 $ oil options.

Option traders are almost convinced despite Opec will take action they can't prevent that oil will go down below 50 .It doesn't mean oil price would hit 30 but even when oil drops below 50 or possible 40 for short time they will have nice earnings on their current bought 30 $ oil option.This action could be short lived but can happen ,because hen we wil see profit taken on these contracts very fast.If you look to the chart the possibillity still exist to go under 50.

If that happens Q4 and Q1 for CLL will not be that good .