Energy OverView October 12, 2012

After breaking to as high as 93.66 on Wednesday, prices have moves back towards 92.00. A larger than expected rise in crude oil stockpiles was tempered by a sharp draw to distillate supplies, a harbinger of possible rising demand for the feedstock ahead of heating season. Additionally, support may have also risen on news that Turkey was accused by Moscow of endangering Russian lives…

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