Energy OverView September 28, 2012

November NYMEX WTI extended a rally off the recent break of 89.00 to as far as 92.71 in price action, so far today. The market has fallen back to 92.00, but should probably head into the week and quarter end with a firm tone. Israeli Prime Minister Netanyahu issued a strong challenge to his allies to take firmer measures in containing Iran’s nuclear ambitions yesterday, in an address to the UN General Assembly.

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