Oil prices fall as Rita avoids refineries

US oil prices fell yesterday after Houston refineries escaped serious damage from Hurricane Rita, although plants further east in Port Arthur and Lake Charles were hit harder.

Oil prices fall as Rita avoids refineries
Mon, 26 Sep, 2005 - 01:00

London Brent crude, open for a special weekend session on the International Petroleum Exchange, was off 94 cents at $61.50 a barrel after sliding $2.16 on Friday.

The New York Mercantile Exchange crude was also open for trading yesterday.

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CourtsPlace: USPlace: HoustonPlace: Port ArthurPlace: Lake CharlesPlace: London BrentPlace: ChicagoPlace: Lake Charles, LouisianaPlace: Gulf areaPlace: Baytown, TexasPlace: United StatesPerson: Phil FlynnPerson: Craig StevensPerson: RitaEvent: RitaEvent: Hurricane RitaEvent: Hurricane KatrinaEvent: KatrinaOrganisation: International Petroleum ExchangeOrganisation: New York Mercantile ExchangeOrganisation: Alaron TradingOrganisation: US Department of EnergyOrganisation: Valero EnergyOrganisation: Royal Dutch ShellOrganisation: Exxon MobilOrganisation: GulfOrganisation: International Energy AgencyOrganisation: IEA
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