Oil rises as Hurricane Ida pounds US crude patch Louisiana

August 30, 2021 9:16 AM

REUTERS (TOKYO) – Oil prices rose around 1 per cent on Monday after a powerful hurricane ploughed through the Gulf of Mexico, forcing shutdowns and evacuations of hundreds of offshore oil platforms.

Source : http://www.straitstimes.com/business/economy/oil-rises-as-hurricane-ida-pounds-us-crude-patch-louisiana