Energy OverView February 11, 2014

WTI oil prices held their gains from Friday, although Brent prices fell back. The tale of two price markers played out, as Brent saw downward pressure from increased Libyan output and, yet, another North Sea Buzzard Field fix. The spread narrowed, as WTI is expected to get further support from the drain on Cushing supplies from the Keystone pipeline start-up. The oil market may be reactive to Janet Yellin’s testimony before congress,

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