Oil finishes around 59.70

Oil rallied in last 30 minutes on back of news from Occidental Petroleum Corp. Appears that an accident at their ' Taft' oil field is going to disrupt their oil supplies. The field is operated by Occidental of Elk Hills, a division of Occidental Petroleum Corporation, said Michael Glinzak, associate oil and gas engineer with the state Department of Conservation's Division of Oil, Gas and Geothermal Resources.