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US crude oil futures 3% lower, hurricane "Drian" approaching refusal-Reuters News-International

8/30/2019, 9:01:21 PM


[New York 30th Reuters]-Crude oil futures in US time fell. With the hurricane “Drian” approaching Florida's east coast, which could lead to a decline in demand, US WTI crude futures were down about 3%. Just the trade dispute between the US and China

[New York 30th Reuters]-Crude oil futures in US time fell. With the hurricane “Drian” approaching Florida's east coast, which could lead to a decline in demand, US WTI crude futures were down about 3%. However, against the backdrop of concerns over US-China trade friction, the weekly rate of increase is expected to be the largest since early July.

The clearing price of North Sea Brent Futures <LCOc1> is $ 0.65 (1.1%) lower per barrel = $ 60.43. US WTI Crude Oil Futures <CLc1> was $ 55.10, down $ 1.61 (2.8%).

Dorian is approaching Florida's east coast on the 30th, increasing on the 30th, and after landing early next week, the risk of damaging strong winds, storm surges, and heavy rains is increasing.

Against capital partner John Kildoff, “The latest prediction is that Dorian will evade the Gulf of Mexico, but will hit all of Florida, which will have a negative impact on demand rather than on supply for the energy market. "