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The North American Crude Oil Price had experienced mixed prospects in Q3 of 2021. Hurricane Ida which made its landfall near Port Fourchon on the Gulf coast in the last week of August had taken offline 96% of crude oil and 94% of natural gas production in the U.S. federally administered areas of the Gulf of Mexico (GOM), according to estimates by the U.S. Department of Interioru2019s Bureau of Safety and Environmental Enforcement.
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Crude Oil Price Trend and Forecast The North American crude oil price had experienced mixed prospects in Q3 of 2021. Hurricane Ida which made its landfall near Port Fourchon on the Gulf coast in the last week of August had taken offline 96% of crude oil and 94% of natural gas production in the U.S. federally administered areas of the Gulf of Mexico (GOM), according to estimates by the U.S. Department of Interior’s Bureau of Safety and Environmental Enforcement. https://www.chemanalyst.com/Pricing-data/crude-oil-1093
Find the Crude Oil pricing online Restored industrial activities in the US Gulf Coast improved the Crude Oil market outlook in the North American region. Restart of several refineries and crackers surged the consumption of Crude Oil. As a result, the U.S. Crude Oil stockpiles continued to fall due to the continuous consumption and increased refiners operating rates. The regional Crude Oil Pricing were dented by the cyber-attack in the colonial pipeline in 3 Q. of 2021. https://www.chemanalyst.com/Pricing-data/crude-oil-1093
Crude Oil supply online Restored industrial activities in the US Gulf Coast improved the Crude Oil market outlook in the North American region. Restart of several refineries and crackers surged the consumption of Crude Oil. As a result, the U.S. Crude Oil stockpiles continued to fall due to the continuous consumption and increased refiners operating rates. The regional Crude Oil supplies were dented by the cyber-attack in the colonial pipeline in 3 Q. of 2021. https://www.chemanalyst.com/Pricing-data/crude-oil-1093
Crude Oil Price Trend and Forecast The North American crude oil Prices had experienced mixed prospects in Q3 of 2021. In the third quarter of 2021, the demand for Crude Oil remained moderate to high in the Asia Pacific region.
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