Oil sits on the shaft of a pumping jack, also known as "nodding donkey", as it operates in an oilfield near Almetyevsk, Russia. Oil’s rally follows steady highs last week when powerful hurricanes shut down around 1m bpd of oil and 1.2 billion cubic feet of gas per day from the Gulf of Mexico. Bloomberg
Oil sits on the shaft of a pumping jack, also known as "nodding donkey", as it operates in an oilfield near Almetyevsk, Russia. Oil’s rally follows steady highs last week when powerful hurricanes shutShow more

Oil rises to five-month high as tropical storms shut Gulf Coast output