Post Tagged with: "Hurricane Laura"

Source: Fox Business

Oil industry shuts platforms, rigs, refineries as storm hits

Fox Business

The energy industry braced for catastrophic storm surges and winds as Hurricane Laura cut a dangerous path across the coastlines of Texas and Louisiana, making landfall early Thursday.

Oil and gas producers evacuated platforms and rigs in …

Source: Reuters

Oil prices slip as Hurricane Laura makes Gulf Coast landfall


LONDON  – Oil prices fell on Thursday as a massive hurricane in the Gulf of Mexico made landfall in the heart of the U.S. oil industry, forcing oil rigs and refineries to shut down.

Brent crude LCOc1 futures for …

August 27, 2020 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Hurricane Laura poses biggest storm threat to U.S. oil output in 15 years


HOUSTON  – The U.S. energy industry on Tuesday was preparing for a major hurricane strike, cutting crude production at a rate approaching the level of 2005’s Hurricane Katrina and halting oil refining at plants along the Texas-Louisiana coast.

Officials …

August 26, 2020 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News