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The industrial commodity slid over the last couple of months on macroeconomic worries, said Phil Flynn, senior market analyst with The Price Futures Group.
FORBES: FOCUS: Crude Oil Down In Recent Weeks On Supply Concerns; $80-$100/Bbl Range Expected
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In custody Cunningham named Phil Flynn, a former Sinn Fein Vice-President and a former leading banker in the Republic, as the boss behind the operation.
BBC: Robbery's many ramifications
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"Everyone is quick to say 'look at these refiners, they're driving up the price, '" said Phil Flynn Flynn, senior market analyst at Alaron Trading in Chicago.
CNN: Behind high gas prices: The refinery crunch
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Mr. PHIL FLYNN (Energy and General Market Analyst, Alaron Trading): If you look to three weeks ago, we were worried about war in the Middle East.
NPR: Oil and Gasoline Prices Drop Quickly, Quietly
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"This India development really caught the entire cotton industry and traders off guard because it came with no warning, " Phil Flynn, senior market and commodities analyst with PFG Best, told CNN last week.
CNN: India lifts ban on cotton exports