Daily Fundamental Oil Price Forecasts – Gulf Storms Threaten Refining Production and Business – FX Empire

Daily Fundamental Oil Price Forecasts – Gulf Storms Threaten Refining Production and Business – FX Empire

Intermediate and international benchmark Brent crude oil futures in the United States are up early Monday as a pair of hurricanes prepares to move into the Gulf of Mexico. The current track predicted by the National Hurricane Center causes the storms to focus on the national crude oil and gas facilities in South Texas. The news prompted oil companies in the region to shut down more than half…

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