Oil rises to $55 as hurricanes damage refineries

Oil rises to $55 as hurricanes damage refineries

Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while United States crude was curbed by refinery-outages due to Hurricane-Harvey damages, which dented demand. Focus was shifting to three other hurricanes that are currently tearing through the Caribbean and Gulf of Mexico. Brent crude futures rose to 54.57 dollars […]
Source: Oil rises to $55 as hurricanes damage refineries

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