I think today the Jan futures contracts expire and get rolled to Feb.
You are showing the Jan price but the Feb price is about $4.50 higher.
The Feb price is the real one, currently 43.73 vs 39.17 for Jan.
This happens every month, yet the morons reporting on the financial channels never seem to mention it. They just report the expiring price.
http://www.nymex.com/index.aspx
NYMEX list crude at $39.52.... now $39.41
Might be a delay on that quote