Hurricane Rita continues to make an impact on the fuel markets. A big drop in US oil inventories sent oil and gas price up yesterday afternoon. Carbon also strengthened while coal continued down.
After a modest fall early on Wednesday, crude oil prices bounced upwards afterUS inventory figures showed a much stronger decline than forecast. Inventories fell 2.4 million barrels clearly showing that hurricane Rita has made a damaging impact on oil production in the Gulf of Mexico.“Not a drop of crude oil production has come back in the Gulf,” said Chris Mennis, owner of o
Donnerstag, 29.09.2005, 08:50 Uhr
Redaktion
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