Crude oil prices sold-off hard, yesterday, leading the loser board. WTI looked to possibly break all kinds of support, on the way to $82 per barrel. The selling has eased, and prices are back above $86. Brent crude is well-below $100 per barrel, and this is occurring just as we learn that Saudi Arabia’s exports surged in February by 363k bpd. This is an almost complete turnaround from the cutbacks they undertook in the second-half of 2012.
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