Norway’s Equinor has shut down operations at its Titan platform in the Gulf of Mexico, Reuters reports, a day after evacuating non-essential personnel as a Tropical Cyclone System moves towards Florida, where it is expected to turn into a massive hurricane by Thursday. Despite the precautionary oil and gas shut-ins in the Gulf of Mexico, oil prices were downwardly explosive on Wednesday, losing as much as 3% by 12:36 p.m. ET on China stimulus uncertainty and U.S. stockpiles. Earlier on Wednesday, reports suggested that the specific…
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