Energy OverView April 17, 2012

Crude oil prices have reversed course higher as the European markets opened. Generous response to Spain’s short-term debt sale this morning has boosted the euro at the expense of the dollar, helping to support crude oil prices so far. News yesterday of an earlier reversal of the Seaway pipeline, inconclusive talks on Iran’s nuclear program, over the weekend, and Argentina’s nationalization of Repsol assets

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