Saturday, November 30, 2024
Hurricane's heavy rains to dampen fuel demand offshore sites closed -oilandgas360

Hurricane’s heavy rains to dampen fuel demand, offshore sites closed

BIC More than a fourth of U.S. Gulf of Mexico offshore oil and gas production remains shut because of Hurricane Sally, which is creeping inland along the Alabama-Florida border, causing life-threatening flooding and cutting fuel demand in the U.S. Southeast, Reuters reported The storm made landfall near Gulf Shores, Alabama, as a Category 2 hurricane on Wednesday morning. Oil prices rose