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 April CPI Report Shows Inflation Easing, But Consumer Prices Up 3.4% Year-Over-Year READ MORE Historical Data Challenges Assumptions About Rate Cuts and Market Gains READ MORE Bullion Prices Stable as Traders Await Inflation Cues READ MORE Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate Hikes READ MORE History Shows Interest Rate Cuts Aren't Good News for Profit Forecasts READ MORE Add a Comment Cancel replyYour email address will not be published.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