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Oil prices rise amid Gulf of Mexico storm, Middle East tensions

SEOUL (Reuters) – Oil prices rose on Friday as U.S. oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East. FILE PHOTO: An oil pump is seen at sunset outside …Read more





Oil prices rise amid Gulf of Mexico storm Middle East tensions

SEOUL Reuters – Oil prices rose on Friday as US oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East Brent crude LCOc1 futures were up 37 cents or 06 at
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Oil prices rise on Mideast tensions storm

OIL prices have risen amid rumours of an attack on Syrias embattled leader and as Tropical Storm Ernesto appears could slow imports into the Gulf of Mexico Flynn said Geopolitical tensions in the Middle East helped to extend the gains
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Oil gains after US stockpiles drop rigs evacuated

However ongoing trade tensions the Gulf of Mexico as atropical disturbance may become a storm later on Wednesday orThursday urnnewsmlreuterscomnL2N24A1EI Oil prices have been under pressure from concerns aboutglobal economic growth amid growing
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Oil rallies as drop in domestic crude supplies hurricane fears lift US prices past 70

The global benchmark crude price oil and natural-gas production in the Gulf of Mexico is far from Florences path and the market expects to see a slowdown in energy demand from power outages and flooding in the aftermath of the storm
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Oil rises on falling US stockpiles Gulf storm forecast

TOKYO Reuters – Oil Gulf of Mexico as a tropical disturbance may become a storm later on Wednesday or Thursday Oil prices have been under pressure from concerns about global economic growth
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The Hidden Consequences of the Oil Crash

On Tuesday the Dow fell 250 points amid fears about an agenda of its own in the Middle East one that embodies our own security needs rather than those of our partners There is no reason to expect that oil prices will rise any time soon
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