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Top News & Analysis New Orleans

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • *Brent oil falls after North Korea nuclear test. NEW YORK, Sept 4- U.S. crude oil prices edged higher on Monday while gasoline prices slumped to pre-Hurricane Harvey levels, as oil refineries and pipelines in the U.S. Gulf Coast slowly resumed activity, easing supply concerns. West Texas Intermediate crude futures were 8 cents higher at $47.37 per barrel at 1351 EDT...

  • *Brent oil falls after North Korea nuclear test. NEW YORK, Sept 4- U.S. crude oil prices edged higher on Monday while gasoline prices slumped to pre-Hurricane Harvey levels, as oil refineries and pipelines in the U.S. Gulf Coast slowly resumed activity, easing supply concerns. West Texas Intermediate crude futures were up 20 cents at $47.49 per barrel by 11:22 a.m....

  • *Brent oil falls after North Korea nuclear test. LONDON, Sept 4- Benchmark U.S. gasoline prices slumped on Monday to pre-Hurricane Harvey levels as oil refineries and pipelines in the U.S. Gulf Coast slowly resumed activity, easing supply concerns. West Texas Intermediate crude futures, however, were up 34 cents at $47.63 barrel as U.S. demand, hit by reduced...

  • *Brent oil falls after North Korea nuclear test. LONDON, Sept 4- Benchmark U.S. gasoline prices slumped on Monday to pre-Hurricane Harvey levels as oil refineries and pipelines in the U.S. Gulf Coast slowly resumed activity, easing supply concerns. West Texas Intermediate crude futures, however, were up 13 cents at $47.42 barrel as U.S. demand, hit by reduced...

  • *Brent oil falls after North Korea nuclear test. LONDON, Sept 4- Benchmark U.S. gasoline prices fell by more than 4 percent on Monday as oil refineries and pipelines in the U.S. Gulf Coast slowly resumed activity after Hurricane Harvey subsided, easing concerns over supply shortages in the world's top oil consumer. Brent crude oil futures were however trading...

  • Brent crude futures, the international benchmark for oil prices, were down 68 cents, or 1.3 percent, at $52.07 a barrel by 0808 GMT. West Texas Intermediate crude futures were more stable, down 8 cents at $47.21 barrel, as several refineries in the U.S. Gulf Coast restarted 10 days after Hurricane Harvey struck the region, boosting the outlook for demand in the...

  • SINGAPORE, Sept 4- Oil prices fell on Monday after a powerful North Korean nuclear test explosion triggered a flight of investors away from crude markets and into gold futures, which are seen as a safe haven. Brent crude futures, the international benchmark for oil prices, had fallen by almost 1 percent from their last close, or 41 cents, to $52.34 per barrel by 0655...

  • SINGAPORE, Sept 4- Oil prices fell on Monday after a powerful North Korean nuclear test explosion triggered a flight of investors away from crude markets and into gold futures, which are seen as a safe haven. Brent crude futures, the international benchmark for oil prices, fell by around 1 percent from their last close, or 51 cents, to $52.24 per barrel by 0631 GMT.

  • *Markets nervously eye North Korea after nuclear test. West Texas Intermediate crude futures were at $47.42 barrel at 0411 GMT, 13 cents above their last settlement. Gulf of Mexico' s oil production, or 96,000 barrels of daily output, remained shut on Sunday, the federal Bureau of Safety and Environmental Enforcement said.

  • SINGAPORE, Sept 4- Oil markets were volatile on Monday, supported by shutdowns of U.S. production following Hurricane Harvey, but pressured by an expected downturn in crude demand as the storm knocked out refineries along the Gulf of Mexico coast. Harvey, which made landfall along the Gulf coast of Texas and Louisiana last week, knocked out almost a quarter of the...

  • SINGAPORE, Sept 4- Oil markets were volatile on Monday, supported by shutdowns of U.S. production following Hurricane Harvey, but pressured by an expected downturn in crude demand as the storm knocked out refineries along the Gulf of Mexico coast. Harvey, which made landfall along the Gulf coast of Texas and Louisiana last week, knocked out almost a quarter of the...

  • SINGAPORE, Sept 4- Oil markets were volatile on Monday, supported by shutdowns of U.S. production following Hurricane Harvey, but pressured by an expected downturn in crude demand as the storm knocked out refineries along the Gulf of Mexico coast. Harvey, which made landfall along the Gulf coast of Texas and Louisiana last week, knocked out almost a quarter of the...

  • Treasury Secretary Steven Mnuchin on Sunday challenged Congress to raise the government's debt limit in order to free up relief spending for Hurricane Harvey, a disaster that the governor of Texas said had caused up to $180 billion in damage. Texas Governor Greg Abbott estimated damage at $150 billion to $180 billion, calling it more costly than Hurricanes...

  • Treasury Secretary Steven Mnuchin on Sunday challenged Congress to raise the government's debt limit in order to free up relief spending for Hurricane Harvey, a disaster that the governor of Texas said could require up to $180 billion. Texas Governor Greg Abbott estimated damage from Hurricane Harvey at $150 billion to $180 billion, calling it more costly...

  • HOUSTON, Sept 3- U.S. refiner Phillips 66 has requested a Jones Act waiver to allow it to use foreign vessels to move crude or products to and from its 260,000- barrel-per-day Alliance refinery in Louisiana after Hurricane Harvey, the company said on Sunday. Texas governor Greg Abbott has said the population size and number of homes affected by Harvey is bigger...

  • HOUSTON, Sept 3- Texas Governor Greg Abbott on Sunday estimated damage from Hurricane Harvey at $150 billion to $180 billion, calling it more costly than epic hurricanes Katrina or Sandy and fueling a debate over how to pay for the disaster. "Katrina caused if I recall more than $120 billion but when you look at the number of homes and business affected by this I...

  • HOUSTON, Sept 3- Texas Governor Greg Abbott on Sunday estimated damage from Hurricane Harvey at $150 billion to $180 billion, calling it more costly than epic hurricanes Katrina or Sandy and fueling a debate over how to pay for the disaster. "Katrina caused if I recall more than $120 billion but when you look at the number of homes and business affected by this I...