Keiichi Sano
Keiichi Sano
demand effect funds hurricane katrina lower negative oil selling slowing
Expectations of lower oil demand prompted funds selling because Hurricane Katrina has a negative effect in slowing down the U.S. economy.
earlier emily hurricane impact looks oil reduced runs threat workers
It is a very choppy market. The earlier hurricane threat did impact the U.S. oil market. Refinery runs were being reduced as workers got evacuated. Now Emily looks to be approaching.