The Organization of Petroleum Exporting Countries (OPEC) froze its oil output quota on Saturday after emergency talks in Cairo but vowed to take any action necessary to balance the market next month. According OPEC president Chakib Khelil, Ministers chose not to change oil production quotas.My guess, having neither any money nor any detailed knowledge of the commodities market, is that the guys who were bidding oil out of sight are now in fairly dire financial straits themselves, which is allowing prices to fall back to where they would have been under normal circumstances. I'd also guess, both caveats remaining in place, that the prices we're at now are still higher than they should be.