Posts Tagged ‘Hurricane Gustav threatened oil production’

Oil Price Falls

Thursday, September 11, 2008 5:07 No Comments

When Hurricane Gustav threatened to wreak havoc on oil production around the Gulf of Mexico, the US crude inventories has declined by 5.9 million barrels compared to the situation of last week. The investors have shifted their attention to concern over slowing global demand for crude after Hurricane Gustav left oil installations in the Gulf [...]

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