Crude Oil Falls a Second Day as Gulf of Mexico Output Increases

By Tom | September 24, 2007

Crude oil fell for a second day as companies increased output at platforms in the Gulf of Mexico after a storm threat passed.

BP Plc, Royal Dutch Shell Plc and other oil companies sent workers back to the Gulf after a tropical depression made landfall without becoming a storm. Oil in New York rose to a record last week as employee evacuations curbed output in the region responsible for a quarter of U.S. output.

Bloomberg.com

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April 22, 2008

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