Energy OverView April 9, 2014

There were additional significant gains for the crude oil market, yesterday, and the source of the strength was difficult to discern. The riots in Ukraine seemed to add to the geopolitical calculus. Of all the levers Russia can and will pull in this situation, a disruption in their crude oil or refined product exports does not seem likely. Still, energy is front-and-center in terms of what Russia is all about…