Market Currents
Despite Middle East violence (I, II) dominating today's news and U.S. oil inventories...
-
Wednesday, September 12, 2012, 4:30 PM ETDespite Middle East violence (I, II) dominating today's news and U.S. oil inventories unexpectedly rising, Brent crude rose 0.2% and West Texas futures fell, while stocks with exposure to Libyan and Egyptian oil made little noise. Eni (E) and Total (TOT), European producers with exposure to Libya, inched higher; Apache (APA), with significant production in Egypt, rose 0.8%.
Other date
Latest Energy & Materials Articles
This news story has 2 comments:
The thugs, tyrants and terrorists that occupy the ME all derive their leverage and money from the continued flow of energy. Without the exports they have nothing to financially sustain their hate and violence.