Energy OverView February 26, 2013

Oil prices fell, again, yesterday, as Italian political disarray and a plunging euro intruded on the attempt to build upon Friday’s rebound. As U.S. equity markets fell, late yesterday, so did energy prices. The capital flight to US Treasury securities and the dollar was on. Things have stabilized this morning, but threats to the demand outlook range from the euro zone crisis to the looming sequester.

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