Energy OverView November 6, 2012

December NYMEX WTI held to a tight $1.00 range until the final half-hour of open outcry price action. Caution held volumes low as well, as participants attempted to parse, not only the US Presidential election, but also rising worries about Greece and the eurozone debt crisis that could hurt the global recovery. While global investors hold their breath over the election outcome, the absence of a clear Congress majority complicating negotiations…