A storm intensified this week into a hurricane in the Gulf of Mexico, a major source of U.S. oil and gas production and refining activity, but prices for crude and refined products haven’t seen ...
Energy facilities along the U.S. Gulf Coast have scaled back operations and evacuated some production sites as Hurricane ...
Oil prices rose on Tuesday as the market focused on U.S. production disruptions caused by Hurricane Francine, which knocked 12% of crude and 16% of natural gas output in the Gulf of Mexico offline.
Oil futures finished higher for a second straight session on Thursday, and turned higher for the week, as Hurricane Francine led to disruptions in U.S. oil and gas production in the Gulf of Mexico.
NEW YORK: Oil prices rose 2pc on Monday as the ongoing impact of Hurricane Francine on output in the US Gulf of Mexico offset persistent Chinese demand concerns ahead of a US Federal Reserve rate ...
NEW YORK, Sept 16 (Reuters) - Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset persistent Chinese demand concerns ahead of this ...
1509 ET – Oil futures rise as Hurricane Francine causes some U.S. offshore production to be shut in, with the rebound from yesterday’s heavy selling tempered by weekly builds in U.S. crude and ...
When Francine slammed southern Louisiana, it became the latest storm to hit near an area that has become the epicenter of U.S ...
Despite the worst of Hurricane Francine having now passed, almost a fifth of the oil production in the Gulf of Mexico (GOM) is still out of action, amounting to almost 340,000 barrels per day (bpd ...
Crude oil futures are higher as Hurricane Francine curbs offshore production in its passage toward the Louisiana coast, and an industry report points for a fourth straight weekly drawdown in U.S ...