They quickly turned again, dropping until 2:15, and when oil rose above $38 the decline deepened.
Crude oil for May delivery rose $1.13, to $25.34 a barrel.
Crude oil rose 44 cents and closed at $66.79 a barrel.
After 9-10 minutes, when the fish are cooked, the oils rise to the top of the pot.
When oil rises in price, he said, alternatives will emerge on their own.
Owning these contracts is a bet that oil will rise.
It was the first time in a week that oil had risen above $30 a barrel.
Crude oil for October delivery rose $1, to $14.67 a barrel.
But oil had risen for most of the week and discouraged many traders.
It is worth noting oil had risen to a little over $30/barrel at that time.