Futures for West Texas Intermediate crude oil were almost flat while Brent crude ended Friday with gains.
The major positive factor for the commodity was the drop in output from the Gulf of Mexico. Companies were shutting down platforms and rigs and evacuating workers due to the threat from Tropical Storm Barry, which is expected to turn into a hurricane by the weekend.
Another...
Crude Oil Gets Support from Falling Oil Rigs Count, Gulf of Mexico Production
* This article was originally published here
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