Energy OverView March 20, 2014

We were away for a couple days, and oil prices rose and fell on the various headlines. The expiring front-month April managed to climb above the $100 mark, on some of the geopolitical angst around Crimea and yesterday’s inventory report. The inventory levels at the Cushing, OK delivery point fell again to their lowest since January 2012. But Gulf Coast oil inventories rose 4.7 million barrels, with overall inventory levels of crude …