Late season storm could disrupt 4 mn barrels of US oil output: Researchers

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Late season storm could disrupt 4 mn barrels of US oil output: Researchers - Business Standard

Quick Summary:

Shell said it was pausing some drilling activity but there was impact on production.

The upper end assumes structural damage that prolongs shut-ins, said Tony Dupont, Earth Science's chief operating officer.

There have been 10 named Atlantic storms formed this year since September 24, a record for the period, according to Colorado State University meteorologist Phil Klotzbach.