Energy OverView February 7, 2014

WTI oil prices are lagging Brent crude oil prices, once again, as the focus shifts to US refinery maintenance and a looming demand slowdown. Citgo’s Corpus Christi unit was the latest to announce a shutdown for retooling. The strong refinery run rate, during the second-half of last year, supported WTI prices as has the various pipeline rationalizations. The winter weather remains supportive, as temperatures in the Northeast will remain upward…

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