TheEnergyBrief
Oct 9, 9:29 PM
Crude faded Friday even with a Category 3 hurricane making landfall tonight. Hurricane Isaias shut in 71.5% of Gulf oil — ~1.5M bpd, per the Marine Minerals Administration — but the diesel story won: Trump got Putin to promise 300K tons of Russian diesel immediately, with 4.8M tons total on the table. WTI
$90.61 (-1.0%), Brent
$103.56 (-0.7%), per FT/LSEG.
$USO $CL_F $XOM $CVX
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