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Hurricane Isaias Shuts In 1.28M Bpd Gulf Oil Production

Hurricane Isaias has knocked 1.28 million barrels per day of U.S. Gulf oil production offline, up from 185,120 bpd two days ago, with 62.89% of current Gulf oil production and 57.35% of natural gas output shut in as operators evacuate personnel.

Original · OilPrice.com AI summary of public reporting

Why: Hurricane shuts 1.28M bpd Gulf output → supply shock

CL
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Prices since publication

At publication → Current
CL90.76 → 91.19+0.5%
BRENTOIL102.44 → 102.21−0.2%
NATGAS3.282 → 3.403+3.7%
Hurricane Isaias Shuts In 1.28M Bpd Gulf Oil Production | SignalHub