Oil rises as storms hit Gulf of Mexico – Reuters

Oil rises as storms hit Gulf of Mexico – Reuters

FILE PHOTO: Dust blows around a crude oil pump jack and flare burning excess gas on an oil rig in the Permian Basin in Loving County, Texas, USA, November 25, 2019 REUTERS / Angus Mordant / File Photo

SINGAPORE (Reuters) – Crude oil prices rose Monday as storms battered the Gulf of Mexico, shutting down more than half of the region’s oil production, although gains were capped by concerns…

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