Oil prices down as hurricane fears ease

Oil prices eased today amid signs that the latest hurricane was likely to miss oil rigs in the Gulf of Mexico.

Oil prices down as hurricane fears ease
Wed, 19 Oct, 2005 - 08:47

Oil prices eased today amid signs that the latest hurricane was likely to miss oil rigs in the Gulf of Mexico.

Relief that Hurricane Wilma should miss production plants on its predicted path towards Florida helped send the cost of a barrel of crude below 63 US dollars in New York.

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CourtsBusinessHeathrowPlace: Gulf of MexicoPlace: FloridaPlace: New YorkPlace: LondonPlace: USPlace: MiamiEvent: Hurricane WilmaEvent: Hurricane KatrinaOrganisation: International Petroleum ExchangeOrganisation: National Hurricane Centre
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