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Oil futures acquire as Gulf of Mexico storms result in power output reductions


Oil futures settled larger on Monday, getting a lift from reductions to crude and natural-gas output within the Gulf of Mexico because of storms within the area. October West Texas Intermediate oil rose 28 cents, or 0.7%, to settle at $42.62 a barrel on the New York Mercantile Change. That marked the primary enhance for a front-month contract in three classes, in response to FactSet knowledge.Market Pulse Tales are Fast-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra info on this information.

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2020-08-24



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