Oil rises as U.S. Gulf coast ready for new storm
On Tuesday, oil prices crashed to a six-week high as Hurricane Nicholas failed into a tropical storm, bringing the menace of widespread floods and power outages to Texas and Louisiana. As the International Energy Agency projected a significant demand rebound for the rest of the year. Brent crude was higher 44 cents, or 0.6%, at …
Oil rises as U.S. Gulf coast ready for new storm Read More »