While recent price spikes have been welcome by producers, they have not led to behavioral changes. (iea.org)
But that rally soon fell away, like many recent price spikes, as robust supply and expectations of weaker demand from China reminded investors of the market's poor -LSB-...] (news.peak-oil.org)
Given that the current diplomatic issues surrounding the Senkaku Islands have been visible for some weeks now, it is highly unlikely that this issue alone was responsible for the recent price spike. (discoveryinvesting.com)