U.S. oil producers shut offshore output as storm forms in Gulf of Mexico
July 10, 2019U.S. oil firms cut nearly a third of Gulf of Mexico output ahead of storm
July 10, 2019Oil prices jump 4.5% on U.S. crude stocks draw, Gulf of Mexico storm
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Oil prices rose 4.5% a barrel on Wednesday to their highest level in more than a month after U.S. crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm.
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