Lots of speculators still selling and taking a lossOptions expired Friday and speculators stuck holding future contracts must of been dumping last week and driving oil down......the "Massive flush" in December cleaned the bowl real good, seems a "Double flush" was needed last week to clean some more.......Is a "Triple Flush" I don't know......Time will tell.
TO talks are heating up.....I suspect public offer by eom.....the buyer can't risk sp runing away on them.