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 Economic Showdown: Harris and Trump Clash in High-Stakes Philadelphia Debate READ MORE Fear Index' Doubles Amid Worldwide Stock Market Rout READ MORE World Economic Forum (WEF) in Davos: The Polycrisis READ MORE Silver Production Set to Grow 4.1% in 2024 with Operations Resuming READ MORE High Fed Rates Delay Business Investments, Slow Economy READ MORE Add a Comment Cancel replyYour email address will not be published.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