It's time to reduce some holdings in oil stocks. Most of the gains in the sector we've seen already.

Consolidation is coming back to Europe. If you do nothing, you have declining earnings.

It's a good deal for DaimlerChrysler. They can now focus on the original business.

Any explanation is better than none. The markets went up because oil went down.

It took plenty of time and burning the midnight oil and a lot of telephone calling to get everyone together,

We may see oil prices settling around $60 a barrel for some time now. The demand and supply situation seems to be well under control and that is providing comfort to the market.