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U.S. oil futures end higher as traders eye storm risks

Clyde Edgerton by Clyde Edgerton
August 28, 2023
in Markets
U.S. oil futures end higher as traders eye storm risks
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U.S. oil futures finished higher on Monday, as traders monitored developments tied to Tropical Storm Idalia. The storm is expected to become a hurricane later Monday and reach the Gulf Coast of Florida on Wednesday, potentially impacting energy operations in the region. West Texas Intermediate crude for October delivery
CLV23,
-0.10%
climbed 27 cents, or 0.3%, to settle at $80.10 a barrel on the New York Mercantile Exchange.



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