Crude Oil's Hurricane Irma Boost Could Dissipate With the Storm

The oil market has traded sharply higher in recent sessions in sympathy with its distillate products -- namely gasoline. In the wake of Hurricane Harvey, idle refineries littered the Gulf shores, but they are coming back online nearly as quickly as they fell off.

Perhaps oil bulls are predicting higher demand for oil and oil-related products due to fleeing Floridians preparing for the arrival of Hurricane Irma, but they are most likely focused on the potential impact of damaged oil storage containers in the Caribbean region and, of course, potential impact of damage to platform oil-extracting operations on the shores of the U.S....471 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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