Hurricane Ida

U.S. Gulf Coast energy firms face another hurricane hit

Evacuations were underway on Monday from offshore U.S. Gulf of Mexico oil platforms as onshore oil refiners began preparing for…

4 years ago

Floods, outages stall energy firms’ restart efforts after Ida

Widespread flooding, power outages and debris-strewn roads slowed recovery efforts by energy companies on Tuesday after Hurricane Ida ripped into…

4 years ago

Surging COVID-19 cases dampen U.S. consumer confidence, house prices post record gains

U.S. consumer confidence fell to a six-month low in August as worries about soaring COVID-19 infections and higher inflation dimmed…

4 years ago

Asian shares jump in on Fed’s dovish chair!

After U.S. Federal Reserve Chairman Jerome Powell struck a more dovish tone than some investors expected in a long-awaited speech…

4 years ago

Oil edges lower as U.S. pushes OPEC to pump more

Oil slipped on Tuesday as OPEC and allies geared up for a meeting on Wednesday amid calls from the United…

4 years ago

Ida’s insurance impact likely to be boosted by pandemic pricing

Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher,…

4 years ago

After Ida, US energy pipelines off line, damage being assessed

Oil and gas pipeline operators on Monday checked for damage after Hurricane Ida hit major energy hubs as a Category…

4 years ago

Oil steadies as Hurricane Ida weakens, OPEC+ in focus

Oil steadied on Monday, giving up most of an earlier rally to a four-week high, as Hurricane Ida weakened after…

4 years ago