Despite Middle East violence (I, II) dominating today's news and U.S. oil inventories...
Despite 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%.
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