15 Sep
by Vitaliy Dadalyan
Oil prices rose for a second day on Wednesday as a hurricane closed U.S. offshore oil and gas production and an industry report showed a decrease in U.S. crude inventories. Brent crude rose 60 cents, or 1.5%, to $41.13 a barrel by 0518 GMT, while U.S. crude rose 68 cents, or 1.8%, to $38.96. More than 25% of U.S. offshore oil and gas output was shut and export ports were closed on Tuesday as Hurricane Sally sat just off the U.S. Gulf Coast.
