Oil slips; Hurricane Beryl in focus

Singapore, July 8 (BNA): Oil prices slid on Monday after rising for four weeks, as investors assessed potential disruption to U.S. energy supplies from Hurricane Beryl.


Brent crude futures were down 49 cents, or 0.57%, at $86.05 a barrel, as at 0843 GMT. U.S. West Texas Intermediate (WTI) crude was at $82.53 a barrel, down 63 cents, or 0.76%, Reuters reported.


The ports of Corpus Christi, Houston, Galveston, Freeport and Texas City closed on Sunday to prepare for Hurricane Beryl, which is expected to make a landfall in the middle of the Texas coast between Galveston and Corpus Christi later on Monday.


M.I.

 






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