Oil looks to have stabilised for now and hoping for a better week

After last week's sharp sell off in oil and other commodities, brent crude oil continues its recovery, up a dollar to $110. FTSE futures are down about 30 points since the US market fell back from its highs on Friday after the UK market had closed. 

Hoping for a better week with a lot of the AIM commodity space looking good value. Hoping for Xcite Energy to finally deliver the reserves report this week, perhaps today?