Business data
Excess offset concerns storm influenced the stability of the oil price
Worries about supply surplus offset the impact of the storm cutting U.S. crude oil production in the gulf of Mexico, Europe and the United States oil futures closed narrow gains.On Friday (July 12) the New York mercantile exchange west Texas light oil futures settled at $60.21 a barrel in August 2019, the previous trading day up $0.01, or 0.0%, trading range $59.93 and $60.74