Energy OverView May 7, 2013

WTI Crude oil prices rose modestly, but Brent crude was up over $1.00, above $105, on the latest Middle East tensions and news that maintenance of a key part of the North pipeline system may shut down the entire system, albeit briefly. As we have been mentioning, we are in a terrible period in which pipeline and other infrastructure issues are dominating the price calculus.

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