The Upcoming Oil Price Rebound

Key oil ports and refineries have been disrupted along the
Texas coast as Hurricane Harvey devastated the region. (Click to
enlarge) (Click to enlarge) (Click to enlarge)Chart of the Week
(Click to enlarge) • Hurricane Harvey slammed into the coast
of Texas over the weekend, walloping the high concentration of oil
and gas assets in the region. • As of Monday, an estimated 2.3
million barrels of refining capacity per day was knocked offline. •
A fifth of the Gulf’s offshore production was sidelined, and
although data was…

Key oil ports and refineries have been disrupted along the
Texas coast as Hurricane Harvey devastated the region. (Click to
enlarge) (Click to enlarge) (Click to enlarge)Chart of the Week
(Click to enlarge) • Hurricane Harvey slammed into the coast
of Texas over the weekend, walloping the high concentration of oil
and gas assets in the region. • As of Monday, an estimated 2.3
million barrels of refining capacity per day was knocked offline. •
A fifth of the Gulf’s offshore production was sidelined, and
although data was…