Bloomberg | Oil Tumbles as US Storm Concerns Shift to Demand Bloomberg Although Michael was the strongest storm to make U.S. landfall in a quarter century, its track spared most offshore oil platforms. Fuel demand in southeastern markets may drop by 1 million barrels a day, according to Mizuho Securities. Meanwhile ... US oil benchmark settles at a nearly 2-week low US Gulf oil production falls as Hurricane Michael nears Oil prices rise as Iran's crude exports fall - CNBC.com |