Crude oil prices are down as Hurricane Isaac's wrath appears to leave Gulf Coast oil production...


Crude oil prices are down as Hurricane Isaac's wrath appears to leave Gulf Coast oil production facilities without significant damage. Even as a levee on the outskirts of New Orleans is breached, threatening major flooding, for the energy industry it's back to worrying about mundane matters like the global economy and Fed policy. WTI crude -0.6% to $95.73, Brent crude -0.2% to $112.35.

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Comments (2)
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    The levee is not breached, water is lapping over the top.
    29 Aug 2012, 08:43 AM Reply Like
  • wigit5
    , contributor
    Comments (4365) | Send Message
     
    But it wouldn't be a sensational headline if you put it your way... how would SA or their 'sources' get hits?
    29 Aug 2012, 08:49 AM Reply Like
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