US crude oil prices are on track to post the steepest monthly losses in more than a year on Thursday as concerns spread over falling demand in the world's top oil-consuming country after storm Harvey knocked out almost a quarter of its refineries. But prices rallied in the oil products markets, with US gasoline futures hitting a two-year high above $2 a gallon, buoyed by fears of a fuel shortage just days ahead of the Labor Day weekend that typically sees a surge in driving. Harvey, which brought record flooding to the US oil heartland of Texas and killed at least 35 ...
Harvey aftermath: US oil prices may see worst monthly fall in over a year
Hurricane said to have knocked out almost a quarter of nation's refineries