Hurricane Laura shut in more Gulf of Mexico crude oil production than any storm since 2008

According to daily estimates from the U.S. Bureau of Safety and Environmental Enforcement (BSEE), Hurricane Laura reduced crude oil production in the Federal Offshore Gulf of Mexico by an estimated 14.4 million barrels during the 15 days rigs were shut down, the most of any hurricane since the combined effect of Hurricanes Gustav and Ike in 2008.

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HEDGE accordingly