Energy OverView August 15, 2013

Crude oil prices are higher this morning, building on a reversal from yesterday’s lows, after the release of the weekly inventory data. The MENA region is, once again, dominating the calculus. The move by the Egyptian military to break up the protestor camps has raised the concerns over the stability of the entire region, especially with the war in Syria continuing on. However, and without, in any way, meaning to diminish the carnage in Egypt…