Energy Overview August 11, 2014

Brent and WTI crude oil prices are slightly higher this morning, as they tread water due to competing forces represented by geopolitical tensions and slack demand. Prices have processed the fighting in Iraq and Libya quite well. In Iraq, while the horrific accounts of atrocities by ISIS forces abound, the oil keeps flowing, especially out of the south. Libyan oil output is reported to be…

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