Hurricane Delta prompts operators to shut over 29% of Gulf oil production

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In preparation for Hurricane Delta, which intensified into a major Category 4 storm on Tuesday, offshore energy operators in the Gulf of Mexico have evacuated 56 production platforms, or 8.7% of the 643 manned platforms in the Gulf, according to the Bureau of Safety and Environmental Enforcement. The bureau estimated that 29.2% of Gulf oil production and nearly 8.6% of natural-gas output was shut in as of Tuesday afternoon. In electronic trading, November West Texas Intermediate crude traded at $40.16 a barrel, down a bit from the Nymex settlement at $40.67.
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