Energy OverView January 27, 2014

Brent crude oil prices are lower this morning, while WTI prices are slightly higher. The spread between the two grades is continuing to narrow, due to the initiation of the Keystone pipeline from Cushing to the Gulf that go so much attention last week. The weather continues to be a factor for the US market, beyond the headline grabbing propane shortage and upward spike in natural gas prices.

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