A number of oil and gas companies operating in the central Gulf of Mexico are shutting down production as Hurricane Ida leaves behind a trail of destruction in El Salvador and heads for the US Gulf Coast.
Workers are being evacuated as the 60mph-strong category-2 storm, which has already killed 124 and is expected to reach the Northern Gulf coast on Monday night (US time), heads towards the nation’s largest oil field.
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Louisiana’s Offshore Oil Port has stopped unloading ships – it is predicted the hurricane, which may ease, will hit between the state and Florida.
The region produces a quarter of all US oil and 15% of its natural gas, and 40% of its refining capacity exists there.
News of the hurricane sent oil prices to more than $78 a barrel today.
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