CHANGE: Oil Rallies as Canada Fire and Libya Violence Threaten Supply.

“The difference today compared with a year ago is the market is starting to price in supply disruptions, whereas in a market that is totally oversupplied, you don’t care about losing half a million barrels a day (in production),” Petromatrix strategist Olivier Jakob said.

“The market is becoming much more sensitive to supply disruptions.”

How long before some desperate petro-state hires terrorists to attack foreign oil facilities to boost its income?