Post Tagged with: "impact of storm"

Mars Crude Climbs to Four-Month High on Storm-Related Output Losses 

Mars Crude Climbs to Four-Month High on Storm-Related Output Losses 

From Reuters


Mars Sour, a U.S. Gulf of Mexico crude grade, firmed to the strongest in four months on Monday as traders focused on offshore production losses caused by a tropical storm and a minimal disruption to refining.

Mars barrels

Oil Prices Fall on Fading Storm Impact, Chinese Economic Data 

Oil Prices Fall on Fading Storm Impact, Chinese Economic Data 

From Reuters


Oil prices edged lower on Monday on signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived, while Chinese economic data dimmed the crude demand outlook.

A horizontal drilling rig