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

|By:, SA News Editor

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.