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Prices - USA - Oil, Gas Rise as Storm May Threaten U.S. Rigs in Gulf of Mexico
USA -Bloomberg -Aug. 24, 2005: -- Crude oil rose and natural gas reached $10 for the first time in 30 months in New York on concern a storm developing near the Bahamas may become a hurricane and threaten rigs in the Gulf of Mexico, the biggest source of U.S. production... Oil for October delivery climbed 58 cents, or 0.9 percent, to $66.29 a barrel on the New York Mercantile Exchange at 1:19 p.m. London time. Natural gas for September delivery gained as much as 44.5 cents, or 4.6 percent, to $10.128 per million British thermal units on the Nymex...
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