Last-Minute Hurricane Could Disrupt 4 Million Bpd in Gulf Oil Output

The latest storm in this year’s hurricane season may threaten some 4 million barrels daily in Gulf of Mexico oil production, Reuters has reported, citing modeling data by an energy analytics provider. The data, compiled by Earth Science Associates, suggests that storm Rafael, which could strengthen to a Category 2 hurricane, would pass through the Gulf of Mexico on a trajectory that could affect between 3.1 million bpd and 4.9 million bpd in production. The storm would also affect between 4.56 billion cu ft and 6.39 billion cu ft in natural…