WTI Holds Near 6-Month Highs Amid Gulf Shut-Ins, Inventory Draws

Aug 25th 2020 4:35pm EDT

WTI Holds Near 6-Month Highs Amid Gulf Shut-Ins, Inventory Draws Tyler Durden Tue, 08/25/2020 – 16:35 Oil prices were higher today, driven in large part by significant shut-ins across the Gulf of Mexico. WTI traded back above $43. As Bloomberg’s Kriti Gupta details, the Gulf of Mexico is responsible for 17% of U.S. offshore oil […]

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