Oil prices are mixed this morning, after being mostly lower the past week with Brent crude oil prices solidly below $100 per barrel. The downward pressure on prices is due to several factors ranging from apparent over supply in the global market to a rapidly rising dollar. Concern over Chinese economic growth is also a factor. Chinese trade data has been weak, and, this morning, China announced slowing money supply growth.
Energy Overview — TotalView™ of the Energy Markets