Oil Crude...About to go up?

I'm wondering if oil prices will start rising soon.  Demand is still low, but I don't know if it can drop too much more.  What I'm really interested  is to see how the increased piracy along the coast of Africa (and a little along South America) affects the price of oil.  Shipping costs are already up this year and insurance rates are steeply increasing due to all of the piracy.  The situation is quickly getting to be a major problem.  That coupled with the OPEC's attempts to decrease production are distorting the market.  Just what we need.