. >> when you look at every pit down here on the nynex floor, the risk trade is back on.e're looking at crude prices for the front month contract, for the ma contract, above $82 a barrel. the most active contract, the june contract, it is up over $83 a barrel, close to $84 a barrel. we're looking at copper prices that are bouncing off their three-week low. gold up $7. keep in mind, we're also hearing from kuwait's oil minister that oil prices around $75 to $90 a barrel, that's a pretty good price for oil. and that's where he thinks that oil prices will be for the near term. meanwhile, we're also looking at gold, seen as an inflation hedge by many traders, and seeing signs of inflation when you look at india raising interest rates, look at the acceleration producer prices in germany. the other factor helping oil prices today is the fact that we have had about half of the flights in europe that were grounded back in the air. and that is helping to lift the proxies for jet fuel. that is heating oil and gas oil as well. nick santelli, to you in chicago. >> thank you very much