Do hurricanes increase oil prices?

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Keyon Maggio asked a question: Do hurricanes increase oil prices?
Asked By: Keyon Maggio
Date created: Fri, Mar 26, 2021 9:01 AM
Date updated: Thu, Jun 23, 2022 9:18 PM

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Oil prices rose Tuesday, clawing back some of their losses from recent weeks, with U.S. hurricane season limiting supply from the Gulf of Mexico… On Tuesday, Brent crude, the global gauge of prices, advanced 2.3% to $40.53 a barrel.

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