Reuters | Oil output on US Gulf Coast curtailed as Hurricane Nate nears Reuters HOUSTON (Reuters) - Hurricane Nate had curtailed 92 percent of U.S. Gulf of Mexico oil output and up to 3 percent of refining capacity as of Saturday afternoon as it sped toward energy facilities in the central U.S. Gulf Coast that largely were spared ... Oil Posts Biggest Weekly Drop Since May as Storm Concerns Ease The Latest: Oil platforms shut as storm churns through Gulf Futures File: Oil drops as Hurricane Nate advances |