Crude Edges Higher as Hurricane Francine Threatens U.S. Output Hurricane Francine’s impact on U.S. oil production has caused a modest increase in crude oil prices, with Brent and WTI futures rising by about 1%. The storm has disrupted offshore platforms and coastal refineries in the Gulf of Mexico, leading to concerns about short-term supply tightening. However, the price gains are limited due to a generally weak demand outlook, particularly from China, and recent increases in U.S. oil inventories. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts World Gold Council Survey: 29% of Central Banks to Increase Gold Holdings in 2024 READ MORE Fed Holds Rates Steady, Hints at Easing Monetary Policy Soon READ MORE UAE Halts Operations at 32 Gold Refineries to Combat Money Laundering READ MORE Brooklyn Pawnshop Sees Surge in Gold Sales Amid Price Rally READ MORE Injecting New Life into the World’s Deepest Mine READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment