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Before the weekend, the theme was that Isaac's impact on oil and gas markets would prove minimal...

Before the weekend, the theme was that Isaac's impact on oil and gas markets would prove minimal - but not now. Tracking models continue to place the storm further west, and the more time it spends over warm Gulf waters, the greater the chance it grows into a major hurricane. Expected production outages and disruptions to oil imports are likely to lead to a further decrease in U.S. inventory levels. (also)
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  • Ray - Kitchener
    , contributor
    Comments (74) | Send Message
     
    Oil just tanked 3 bucks. Anyone know why? or just some more manipulation?
    27 Aug 2012, 09:44 AM Reply Like
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