USA

Hurricane Genevieve affects the Baja Peninsula in California

Genevieve, with winds of 130 mph, is now tied to Hurricane Douglas as the strongest storm of the 2020 season in the East Pacific. Hurricane Genevieve was able to overcome Douglas itself, as it continues to move through an environment that will favor another 24 hour extra reinforcement. As of …

Read More »

Oil markets retreat to API reports Large gasoline construction

A large built-in gasoline inventory that offset a modest draw of crude oil inventories cooled Cool Bulls sentiment in markets Tuesday afternoon The U.S. Petroleum Institute (API) reported Tuesday a 4.264 million-tonne inventory of crude inventory for the week ending August 14 – a near mirror of last week’s sign …

Read More »