Energy OverView May 14, 2012

Price action started out on a positive note on Friday, carrying as far as 97.20 before falling off to a 9613 settlement. The biggest surprise of all though is the post-settlement selling that carried past the day’s low, finally finishing at 95. 57. Price action recommenced in Asia at 95.79, and except for a brief rise to 95.83 never looked back.

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