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…