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A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas US.(Reuters File Photo)

Oil slips on weaker demand outlook after US gasoline stocks build

By Reuters | Posted by Kanishka Sarkar | Melbourne
PUBLISHED ON OCT 22, 2020 09:11 AM IST
US gasoline stocks rose by 1.9 million barrels in the week to Oct. 16, the Energy Information Administration (EIA) said, compared with expectations for a 1.8 million-barrel drop.
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A person surveys damage to a neighbourhood after Hurricane Delta made landfall in Holly Beach, Louisiana on October 11.(Bloomberg)
A person surveys damage to a neighbourhood after Hurricane Delta made landfall in Holly Beach, Louisiana on October 11.(Bloomberg)

Hurricane Delta leaves two dead in Louisiana

By Asian News International | Posted by Kaleem Ullah Fasihi | Asian News International
UPDATED ON OCT 12, 2020 12:49 PM IST
The health department in Louisiana have linked two deaths to Hurricane Delta. It made landfall in Louisiana as a category 2 hurricane on Friday.
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Boats are seen washed ashore after Hurricane Delta made landfall in Cypremort Point, Louisiana, US on Sunday.(Bloomberg)
Boats are seen washed ashore after Hurricane Delta made landfall in Cypremort Point, Louisiana, US on Sunday.(Bloomberg)

Battered by Hurricane Delta, Louisiana vows to rebuild: ‘We can’t lose our momentum’

By Associated Press | Posted by Kanishka Sarkar | Lake Charles
PUBLISHED ON OCT 12, 2020 09:03 AM IST
Roughly 350,000 customers in Louisiana remained without power two days after Delta blew ashore near the town of Creole with winds of 100 mph (155 kph), slamming a part of the state still recovering from Hurricane Laura’s 150 mph (241 kph) onslaught on Aug. 27.
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The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US.(Reuters File Photo)
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US.(Reuters File Photo)

Oil falls toward $40 with supply constraints beginning to ease

By Bloomberg | Posted by Kanishka Sarkar
PUBLISHED ON OCT 12, 2020 08:54 AM IST
Drilling activity in the US, the world’s largest producer, is starting to pick up despite signs demand might not recover to pre-virus levels until 2022 or 2023.
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As the 10th named storm to strike the continental US this year, Delta’s arrival snapped a century-old record.(AP)
As the 10th named storm to strike the continental US this year, Delta’s arrival snapped a century-old record.(AP)

Hurricane Delta makes landfall in southwestern Louisiana

By Associated Press | Posted by Shivani Kumar | Lake Charles
UPDATED ON OCT 10, 2020 06:24 AM IST
The center of the hurricane made landfall about 6 p.m. near the town of Creole with top winds of 100 mph (155 kph), pushing a storm surge that could reach up to 11 feet (3.4 meters), the National Hurricane Center said.
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Debris of a van caused by Hurricane Laura less than 6 weeks ago is seen on the street a day before upcoming Hurricane Delta in Lake Charles, Louisiana.(AFP)
Debris of a van caused by Hurricane Laura less than 6 weeks ago is seen on the street a day before upcoming Hurricane Delta in Lake Charles, Louisiana.(AFP)

Battered Louisiana coast braces for 1 more: Hurricane Delta

By Associated Press| Posted by Susmita Pakrasi | Abbeville
PUBLISHED ON OCT 09, 2020 02:52 PM IST
Life wasn’t at a complete standstill though. A gas station was doing steady business as people filled their cars and spare gasoline cans and a grocery store served last customers stocking up.
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Earlier strong winds whipped Cancun, one of Mexico’s most popular tourist destinations, where cars were hit by falling trees, street signs were blown over and stores were damaged, according to AFP reporters.(Reuters Photo)
Earlier strong winds whipped Cancun, one of Mexico’s most popular tourist destinations, where cars were hit by falling trees, street signs were blown over and stores were damaged, according to AFP reporters.(Reuters Photo)

Hurricane Delta lashes Mexico, heads towards United States

By Agence France-Presse| Posted by: Harshit Sabarwal | Cancun, Mexico
UPDATED ON OCT 08, 2020 01:33 PM IST
There were widespread power outages after Delta slammed into the Yucatan Peninsula in southeast Mexico as a Category 2 storm, toppling trees and ripping down power lines.
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Brent crude futures rose 9 cents, or 0.2%, to $42.08 a barrel, after falling 1.6% on Wednesday.(Reuters file photo)
Brent crude futures rose 9 cents, or 0.2%, to $42.08 a barrel, after falling 1.6% on Wednesday.(Reuters file photo)

Oil prices edge up as Hurricane Delta approaches US Gulf of Mexico

By Reuters| Posted by: Harshit Sabarwal | Melbourne/Singapore
UPDATED ON OCT 08, 2020 11:18 AM IST
US West Texas Intermediate (WTI) crude futures rose 3 cents, or 0.1%, to $39.98 a barrel at 0435 GMT, after falling 1.8% on Wednesday.
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A lamp post leans over a street due to the passing of Hurricane Delta in Cancun, Mexico(AP)
A lamp post leans over a street due to the passing of Hurricane Delta in Cancun, Mexico(AP)

Mexico’s Cancun braced for possibly ‘catastrophic’ Hurricane Delta

By Reuters| Posted by Susmita Pakrasi | Mexico
UPDATED ON OCT 07, 2020 06:47 PM IST
Late on Tuesday, the Category 4 hurricane on the five-step Saffir-Simpson scale was packing maximum sustained winds of 130 miles per hour (209 kph), down from 145 mph earlier in the evening, the U.S. National Hurricane Center (NHC) said.
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A general view shows an empty beach as Hurricane Delta approaches Cancun, Mexico October 6, 2020. REUTERS/Jorge Delgado(REUTERS)
A general view shows an empty beach as Hurricane Delta approaches Cancun, Mexico October 6, 2020. REUTERS/Jorge Delgado(REUTERS)

Hurricane Delta, moving towards Mexico, weakens to category 3 storm

By Bloomberg | Posted by Karan Manral
UPDATED ON OCT 07, 2020 03:50 PM IST
Delta, however, continues to be life threatening. It is predicted to strengthen again to category 4 as it moves over the Gulf of Mexico toward the US in the coming days.
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