US Regulator To Review Monday's Crude Oil Activity

The CFTC has said it will review Monday's wild NYMEX trading session for any evidence of wrong-doing.

The U.S. crude oil expiring October contract soared by $16.37 to settle at $120.92 a barrel. At one point, the contract was up by $25.45 a barrel, or 24 percent.

A CFTC spokesman said they "will scour today's trading activity to determine whether anyone engaged in illegal manipulative activity."

Why use your own money to scam the market when you can use a government handout, eh?