From Investing.com: 2024-07-06 15:26:49

The U.S. Coast Guard warns of Texas port closures from Corpus Christi to Houston as Hurricane Beryl approaches landfall south of Port Lavaca, potentially halting crude oil and motor fuels shipments to refineries.

Shell Plc evacuates workers from Perdido production platform in anticipation of Tropical Storm Beryl, shutting down production and evacuating workers from the Whale platform as well.

Gibson Energy reports operations continuing at Corpus Christi oil terminal, preparing for further steps based on forecasted impact from Hurricane Beryl.

U.S. Gulf of Mexico offshore production, producing 1.8 million barrels per day, could be impacted by port closures, potentially affecting U.S. oil prices and pushing up offshore crude grades.

Chevron Corp maintains normal production levels in the Gulf of Mexico but evacuates nonessential personnel from some facilities as a precautionary measure ahead of Hurricane Beryl’s arrival.



Read more at Investing.com: U.S. Coast Guard says hurricane may shut oil ports By Reuters