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Hermine is expected to hit Florida’s west coast and weaken before making its way up the Atlantic seaboard. Hurricanes in the region generally raise oil prices, but Hermine may be an exception.
Hurricane Hermine severely disrupted oil imports last week leading to a 1.848 million drop in crude imports. The large drop coupled with higher refinery utilization drew down over 14 million bbls ...
Oil companies have shut in more than 15 percent ... production platforms and one drilling rig in the region as Hurricane Hermine approaches, federal offshore safety officials said.
HOUSTON, Sept (Reuters) - Oil and natural gas producers in U.S.-regulated areas of the Gulf of Mexico were carefully watching Tropical Storm Hermine on Monday, though no cutbacks in production ...
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