Energy OverView September 16, 2014

WTI oil prices tested support near 90.63, yesterday, before snapping back, yet again. They are lower again this morning, on another disappointing economic data point from China and the generalized selling that is being generated by the expected change in policy stance by the FOMC. Foreign direct investment in China fell to the lowest in 2 ½ years, and it points to increased concern over the Chinese growth story.

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