Energy OverView April 1, 2015

WTI oil prices have rebounded this morning, after testing $47 in overnight trading. The recent downward pressure has occurred as a result of enthusiasm and hope for a nuclear deal with Iran. The hopes appear increasingly dashed this morning. The French foreign minister has left the confab, saying he will return, “if, necessary.” The Chinese delegate has pleaded with both sides to meet each other half-way.

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