Daily Fundamental Oil Price Forecasts – U.S. Oil Industry Avoids Widespread Damage to Rigs and Refineries – FX Empire

Daily Fundamental Oil Price Forecasts – U.S. Oil Industry Avoids Widespread Damage to Rigs and Refineries – FX Empire

Intermediate and international benchmark US Brent crude oil futures from West Texas ended on Friday as Hurricane Laura left a trail of destruction throughout Louisiana and Texas, while passing through the heart of the U.S. oil industry without causing widespread damage to rigs and refineries and to businesses working around the clock to restart operations.

On Friday, October WTI crude oil…

View On WordPress