US oil output rebound lowers oil prices after storm calms

Hurricane Sally has quieted down, and oil platforms in the Gulf of Mexico are operating again after a five-day production halt.

Oil rig in New Mexico. | Photo: NICK OXFORD/REUTERS / X03416

BY RITZAU FINANS

Oil prices are down Friday morning after inclining for five days now that oil operations along the Gulf of Mexico are ready to resume extraction. At the same time, Saudi figures show an increase in Arab crude export.

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Demand worries send oil prices down again
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