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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (113045)9/14/2021 1:40:13 PM
From: Goose94Read Replies (1) | Respond to of 202923
 
Crude Oil: WTI With almost half of US Gulf of Mexico offshore production still offline following the damages brought about by Hurricane Ida, tropical storm Nicholas is now wreaking havoc across the Gulf Coast, bringing back the threat of power outages and widespread flooding. The downside risks to US crude production have pushed crude prices up, with the past three trading sessions seeing consecutive increases.

With 40% of production still offline in the Gulf of Mexico, US oil producers are preparing for another blow as Tropical Storm Nicholas makes landfall close to Texas.