Oil Prices Drop as Hurricane Beryl Blows Over ...Middle East

Economy by : (OILPRICE) -
The first major hurricane of the year has come and gone without causing any significant supply disruptions, leading oil prices to fall back on Tuesday morning.- The landfall of Hurricane Beryl led to three casualties in Texas, leaving more than 2 million Houston homes without power, but first reports suggest damage to oil infrastructure has been limited.- Since making landfall near the coastal town of Matagorda, Beryl has weakened to a tropical storm and is forecast to move across eastern Texas and into the lower Mississippi Valley later in the…

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