Jan Stuart doesn't see how oil market can work at $60, so if it goes there, it will be brought back up (by Saudis and friends cutting supply?)
 
US has a lot of crude stored.

Potential recession (with new banking aspect) means questionable demand (although demand looks fine from Asia).

Refiners should do well because the crack, the difference between price of oil going in and coming out of the refineries is decent, said Robert Yawger.