Oil prices are slightly lower this morning, after a rebound yesterday for WTI prices. The strong US equity market and a veritable slew of good economic data seemed to get investors to favor the domestic crude oil variety at the expense of all other blends. Brent crude oil prices continue to be buffeted by the growing supply and diminished prospects for the European economy and possible signs of slowing in China’s industrial sector. The strong demand for WTI from the US refining sector…
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