U.S. Oil Hits 6-Week High

Light Crude hits $36.25 a barrel. Can Peak Oil be far behind? Article quote:

The bullish market tone was reflected by new statistics from the U.S. Commodity Futures Trading Commission (CFTC), which said on Friday that net long positions held by crude oil speculators on the New York Mercantile Exchange hit a 4- year high.

Yahoo, Reuters