Oil Up Nicely Today

The Yahoo! Finance link to the oil price is still broken.

But Bloomberg never fails. Near the end of the trading day, WTI is up $1.40 to $106.43 and Brent is up $1.11 to $111.11.

I don't have access to CNBC and I don't see anything on Yahoo! Finance so I don't the back story, but it probably doesn't matter in the big scheme of things.

Platts is reporting:

NYMEX October crude settles $1.39 higher at $106.42/b with Middle East/North Africa strife and short covering.

Don't you just love when those two words are next to each other: "short covering"?

I see KOG is over $10.

Disclaimer: This is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here. 

SandRidge had a nice day, up 2%, but over at SeekingAlpha, someone is saying this $5 stock is headed to $10. 

Chesapeake also had a huge day, continuing its recent run. Forbes is suggesting greater gains.