And it's Monday. 

Jim Cramer is weighing in on oil and Real Money Stock of the Day BP (BP) - Get Report

What You Need to Know About Oil

Let's dive in...

The Dow dropped for the first time in eight days following an attack on two key Saudi Arabian oil facilities.

Oil prices surged the most since the 1991 Gulf War in early trading, before paring gains to between $5 and $6 a barrel, after drone attacks on the Abqaiq and Khurais crude facilities in Saudi Arabia, which caused massive fires and shuttered nearly 5% of global production.

"Our producers will clean up and so will our refiners, but you need to be very dexterous if you want to make money on that trade, and it is a trade," wrote Cramer in his Real Money column, which focuses on oil. 

So, how should investors look at oil? Here's what Cramer says. 

Why BP?

BP Plc is Real Money's stock of the day. 

The company is a holding in Cramer's Action Alerts PLUS portfolio. 

And, with the oil jump thanks to the Saudi Arabia attacks, should consumers be worried about the prices at the pump?

INTRODUCING: Bull Market Fantasy with Jim Cramer

Jim picks stocks on Wall Street, now he's picking NFL players for fantasy football! TheStreet and Sports Illustrated Fantasy are teaming up to unveil our new Bull Market Fantasy channel.

Check it out at BullMarketFantasy.com or watch his latest videos below:

Bull Market Fantasy Live With Jim Cramer: Week 1 Matchups and Lineup Advice

Damien Williams Fantasy Football Stock Sinks With LeSean McCoy On The Roster

Cowboys Owner Jerry Jones Calls Jim Cramer 'Smart' for Taking Zeke With First Pick