Crude and refined product futures settled higher Aug. 30 as the marketassessed the impacts of Hurricane Ida on US Gulf Coast energyinfrastructure.NYMEX October WTI settled 47 cents higher at $69.21/b and ICEOctober Brent rallied 71 cents to settle at $73.41/b.The bulk of US Gulf of Mexico crude production remained offlineAug. 30, as for many companies it may take time to assess damagefrom Ida, which made landfall southwest of New Orleans Aug. 29 as aCategory 4 storm, packing winds of 150 mph and gusts even higher.
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