BREAKING NEWS

Tropical Storm Barry shuts 70% of U.S. Gulf of Mexico oil output

By REUTERS

JULY 13, 2019 22:16

Nearly 70% or 1.3 million barrels per day (bpd), of crude oil production in the U.S.-regulated areas of the Gulf of Mexico has been cut because of Tropical Storm Barry, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Saturday

Natural gas output from offshore platforms in the Gulf has been cut by 56%, or 1.5 billion cubic feet per day, BSEE said.

Oil producers have shut in 283 platforms, or 42%, in the northern Gulf of Mexico, BSEE said.

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