Oil at $117

(AP) "Oil prices spiked to a record $117.40 a barrel after a Japanese oil tanker was hit by a rocket near Yemen and militants in Nigeria claimed two attacks on pipelines." (The rocket attack was minor but in this market, very destabilizing. No idea who was behind it at this point.)

And, (Reuters) "The Organization of Petroleum Exporting Countries sees no need to raise oil production to counter high oil prices, the OPEC President said on Sunday."