Energy OverView November 2, 2012

After posting the week’s low on Monday of 84.66, December NYMEX WTI spent the week creeping higher. Today’s session started out in Asia under a pressure which continues into European trading as caution builds up ahead of US jobs data, later this morning. Expectations hold that employers probably added about 125k workers in October, with an unemployment rate probably advancing to 7.9%.

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