September 15, 2024 5:43 PM
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Oil Prices Dip as Gulf Production Resumes Post-Hurricane Francine
Oil prices fell as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count. As U.S. Gulf Coast production and refining activity resumes, investors have opted to offload oil contracts going into the weekend. Investors are lookin...