Energy OverView May 9, 2012

The oil complex is not alone in attempting to shrug off the sudden drop that hit most risk assets all this week after the European elections. However, the original downside mark from Sunday persists through today as the move’s low tide marker, so far. Commodities and equities have been in a downdraft for the last several weeks with most indices now at levels not seen since the end of last year…

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