Oil prices are lower this morning, as there is a decided “risk-off” feel to the markets in general. Several emerging market currencies and their economies are the focus, driving up concerns over the economic outlook going forward, which is a negative energy demand. While WTI is down, Brent is down more, and the Brent-WTI spread continues to be impacted by the shocking start-up of the Keystone XL pipeline southern leg from Cushing to the Gulf Coast.
Energy Overview — TotalView™ of the Energy Markets