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The Gulf Barrel

Crude Oil and OPEC+

Isaias Shut-Ins Hit Gulf Oil, but Counts Differ

Isaias Shut-Ins Hit Gulf Oil, but Counts Differ

Crude Oil and OPEC+

Hurricane Isaias has shut in a large share of Gulf of America offshore output, but sources measure it differently. The Marine Minerals Administration estimate relayed by Rigzone put oil at 71.51% on 9 October; the U.S. Energy Information Administration cited about 1.3 million barrels per day on 8 October. Damage and restart timing remain unconfirmed.