: It was exciting, but what drives this market is hope, say analysts at Commerzbank, according to Market Watch. Prices are likely to continue rising and falling until there are clear indications that the oil supply is declining. He is vice president and director of floor operations for O’Neil Securities Getty Images Caption outside of wrapper for normal article images The prospects of oil building on yesterday 6% rally are looking a little shaky this morning. So far, prices are only being driven up by hopes that this is the case, they told investors this morning. Some fur could fly in Houston today. Saudi Arabia oil minister, Ali al-Naimi, is speaking at a Houston energy conference today, and that could toss another bout of volatility at this market if he offers up some clarification on production cuts.
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