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Oil prices spike to $95 following reported strike on Saudi tanker
Intel Slava·SA·about 8 hours ago
Chevron has initiated precautionary production shutdowns at its Gulf of Mexico assets in response to the intensification of Tropical Storm Bertha. The duration of the outage remains uncertain, pending the storm's trajectory and post-event safety inspections.
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Tropical Storm Bertha is confirmed to be impacting the US Gulf Coast, causing coastal flooding, heavy rainfall, and posing a storm surge threat. This has led to confirmed disruptions in regional freight and logistics networks and precautionary production shutdowns by Chevron in the Gulf of Mexico. The storm's exact trajectory, peak intensity, and duration of impact remain uncertain.