Tag: Hurricanes

Hurricanes Harvey and Irma economic, industry impacts one month later: IHS Markit

Hurricanes Harvey and Irma economic, industry impacts one month later: IHS Markit

In next decade U.S. will build 25% of world’s needed capacity for new chemicals IHS Markit has released a new forecast on the impact of Hurricanes Harvey and Irma on the national and regional economies, transportation infrastructure, automotive industry and the crude oil, refining and chemical sectors, according to a press release. U.S. economic impact: “We […]

By October 3, 2017 0 Comments Read More →
Is oil and gas ready for a rainy day? – IEA

Is oil and gas ready for a rainy day? – IEA

With recent bets made by investors, expectations are markets are tightening By staff, International Energy Agency The US has recently seen two severe weather events: Hurricane Harvey has more directly affected oil industry operations than Hurricane Irma, although the full impact of the latter remains to be seen at the time of writing, according to […]

By September 14, 2017 0 Comments Read More →
Oil prices mixed as Harvey, Irma impacts still being assessed

Oil prices mixed as Harvey, Irma impacts still being assessed

Possible OPEC deal extension helps prop up oil prices Oil prices were mixed in trading on Monday as investors weighed the impact of Hurricane Irma on energy demand in Florida and the extent of damage to oil refineries located on the US Gulf Coast caused by Hurricane Harvey in late August. By 1:43 p.m. EDT, […]

By September 11, 2017 0 Comments Read More →