The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said 91% of offshore crude oil production remains shut in the U.S.-regulated northern Gulf of Mexico following Hurricane Delta, which made landfall on Friday.
In addition, 62.2% of natural gas output remains shut in the Gulf following the storm that made landfall near Creole, Louisiana, and weakened into a low-pressure system over Mississippi on Saturday.
Through Sunday, a total of 8.8 million barrels of crude oil production and 8.3 billion cubic feet of natural gas output from the Gulf has been shut because of Hurricane Delta.
Crude Oil MCX Tips Today – Buy Call Rocking 2900 To 2999 – Money Hai To Honey Hai – Neal Bhai
Hedge funds cut bullish bets on U.S. crude as demand outlook worsens
Crude Oil Prices Hover Near Five-Month Highs – Gold Silver Reports
