Oil prices have rebounded from a three-day drop, but it's the start of storm season. Because about 17 percent of U.S. oil production is off shore, storms can equal price volatility. With a tropical storm already in the Gulf of Mexico, some oil companies have started evacuating rigs. Bloomberg discusses the impact of flooding and storms on oil prices.
How Tropical Storm Bill Could Impact Oil Prices
Because about 17 percent of U.S. oil production is off shore, storms can equal price volatility.
Jun 17, 2015
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