Bloomberg | Oil Climbs Amid Tropical Storm Threat to US Gulf Oil Assets Bloomberg Oil posted a 1.5 percent gain in August in New York and the global benchmark Brent also rose as investors focus on the impact Iranian sanctions have on global crude markets. Yet, Iran will keep selling oil in spite of an expected resumption of ... Oil spikes over $71 as Tropical Storm Gordon forces evacuations in Gulf of Mexico Anadarko shuts in oil production, US Coast Guard secures USGC ports ahead of Gordon US oil rallies above $70 a barrel on supply disruptions |