U.S. Crude Oil Prices Fall Nearly 1% on July 8 as Hurricane Beryl Exits Texas
U.S. crude oil prices fell nearly 1% on July 8 as the market tracked the path of Hurricane Beryl. Initially, there were concerns over potential damage from the hurricane, but these eased as Beryl exited Texas, leaving energy infrastructure largely unscathed. Oil futures drifted lower on July 9, and prices continued to decline, finishing lower after it was confirmed that the U.S. crude hub escaped serious damage.
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๐ช๐บ ๐ฒ๐จ๐จ๐ญDan Popescu ๐ซ๐ท๐ฎ๐น๐ท๐ด
Oil prices fall more than 1% after US crude hub escapes serious damage from Beryl https://t.co/0bKrgwkdHn via @Reuters
Myra SaefongOil prices finish lower after Hurricane Beryl leaves energy infrastructure largely unscathed https://t.co/eEZlws0UE4
Phil Flynn Oil futures: Crude drifts lower as Hurricane Beryl exits Texas - https://t.co/oyU2gorWID #GoogleAlerts
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