Crude prices edged higher on Wednesday as Hurricane Idalia approached Florida, posing a risk to oil production in the Gulf of Mexico. Concerns Over Hurricane Idalia Continuous-contract futures for benchmark West Texas Intermediate crude increased by 0.8%, reaching $81.80 a barrel, which is the highest level seen since mid-August. Idalia has intensified into a Category 4 … [Read more...] about Oil Prices Rise as Hurricane Idalia Threatens Gulf of Mexico Production
Footer
