The Age logo The Age 1 month ago

Oil rises as tropical storm disrupts output

Crude oil rose as a falling dollar bolstered investor demand for commodities and Tropical Storm Ida entered the Gulf of Mexico, forcing BP Plc and Chevron Corp to cut output. Full Article at The Age

Related Topics:

  1. Chevron Corporation
  2. National Hurricane Center
  3. New York Mercantile Exchange

Related Articles

  1. Bloomberg.com logo
    LOOP Terminal Remains Shut; Chevron Plant Not Affected by Ida, Police Say
    4 weeks ago

    Nov. 10 (Bloomberg) -- The Louisiana Offshore Oil Port, used by import tankers too large for U.S. harbors, remained closed for a third day by high seas as the storm Ida was downgraded and all warnings were discontinued. Full Article at Bloomberg.com

  2. Bloomberg.com logo
    Oil Trades Near $79 After Rising on a Weaker Dollar, Gulf of Mexico Storm
    1 month ago

    Nov. 10 (Bloomberg) -- Crude oil traded near $79 a barrel in New York after rising yesterday as the dollar weakened and Tropical Storm Ida entered the Gulf of Mexico, disrupting more than a quarter of the area’s oil and gas production. Full Article at Bloomberg.com

  3. Houston Chronicle logo
    Ida could disrupt two-thirds of Gulf oil output
    1 month ago

    Nearly two-thirds of the Gulf of Mexico's oil production could be offline by the time Tropical Storm Ida blows through the eastern edge of the nation's largest energy producing region. Full Article at Houston Chronicle

  4. Bloomberg.com logo
    Ida Weakens to Tropical Storm in Gulf of Mexico as It Heads for Landfall
    1 month ago

    Nov. 9 (Bloomberg) -- Ida weakened to a tropical storm in the Gulf of Mexico today after prompting some evacuations from offshore oil and natural gas rigs and driving the cost of crude above $78 a barrel. Full Article at Bloomberg.com

Related Quotes

  1. The G20 didn’t comment about the dollar, which indicates that no action will be taken, and the greenback will further deteriorate
    – Michael Fitzpatrick (politician) SOURCE: The Age 1 month ago
  2. All of the weak economic data from last week is still keeping a lid on prices
    – Phil Flynn SOURCE: The Age 1 month ago
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  1. Jose Moreno de Alba, director of the Spanish Royal Language Academy of Mexico, speaks during a news conference at the presentation of the "New Grammar of the Spanish Language" book at the Spanish Royal Language Academy headquarters in Madrid December 9, 2009.
  2. An Ecuadorean oil worker wears a t-shirt with a skull design while working to clean up an oil waste pit owned by state petroleum company Petroecuador in Shushufindi, some 410 km (254 mi) east of Quito December 8, 2009.
  3. THOUSAND OAKS, CA - DECEMBER 06: Y.E. Yang of South Korea hits a tee shot on the sixth hole during the fourth round of the Chevron World Challenge at Sherwood Country Club on December 6, 2009 in Thousand Oaks, California.

Cast of Characters

  1. Chevron Corporation Chevron Corporation
  2. See stories, photos, and quotes about National Hurricane Center National Hurricane Center
  3. NASA NASA
  4. Suncor Energy Inc. Suncor Energy Inc.
  5. Petro-Canada
  6. See stories, photos, and quotes about New York Mercantile Exchange New York Mercantile Exchange