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						<img src="https://www.biphoo.com/images/home_blue.png" alt="Biphoo Home" height="20px" width="20px" class="tophomimg" />Home
					</li>
				</a>	
				<a href="https://www.biphoo.com/bipnews" title="Bip News" style="text-decoration:none;">	
					<li>News</li>
				</a>
	
								
					<a href="https://www.biphoo.com/bip-finance" title="Bip Finance" style="text-decoration:none;">		
						<li>Bip Finance</li>
					</a>
	
								
					<a href="https://www.biphoo.com/politics" title="Politics" style="text-decoration:none;">		
						<li>Politics</li>
					</a>
	
								
					<a href="https://www.biphoo.com/celebrity" title="Celebrity" style="text-decoration:none;">		
						<li>Celebrity</li>
					</a>
	
								
					<a href="https://www.biphoo.com/movies" title="Movies" style="text-decoration:none;">		
						<li>Movies</li>
					</a>
	
								
					<a href="https://www.biphoo.com/business-listing" title="Business Listing" style="text-decoration:none;">		
						<li>Business Listing</li>
					</a>
	
								
					<a href="https://www.biphoo.com/jobs" title="Jobs" style="text-decoration:none;">		
						<li>Jobs</li>
					</a>
	
								
					<a href="https://www.biphoo.com/health" title="Health" style="text-decoration:none;">		
						<li>Health</li>
					</a>
	
								
					<a href="https://www.biphoo.com/real-estate" title="Real Estate" style="text-decoration:none;">		
						<li>Real Estate</li>
					</a>
	
								
					<a href="https://www.biphoo.com/legal-center" title="Legal Center" style="text-decoration:none;">		
						<li>Legal Center</li>
					</a>
	
								
					<a href="https://www.biphoo.com/restaurants" title="Restaurants" style="text-decoration:none;">		
						<li>Restaurants</li>
					</a>
	
								
					<a href="https://www.biphoo.com/events" title="Events" style="text-decoration:none;">		
						<li>Events</li>
					</a>
	
									<li>More >>
						<ul>
						  							   <a href="https://www.biphoo.com/dating" title="Dating" style="text-decoration:none;">
								  <li>Dating</li>
							   </a>
						  							   <a href="https://www.biphoo.com/people" title="People" style="text-decoration:none;">
								  <li>People</li>
							   </a>
						  							   <a href="https://www.biphoo.com/us" title="USA Info" style="text-decoration:none;">
								  <li>USA Info</li>
							   </a>
						  							   <a href="https://www.biphoo.com/classifieds" title="Classifieds" style="text-decoration:none;">
								  <li>Classifieds</li>
							   </a>
						  							   <a href="https://www.biphoo.com/deals" title="Deals" style="text-decoration:none;">
								  <li>Deals</li>
							   </a>
						  							   <a href="https://www.biphoo.com/automobiles" title="Automobiles" style="text-decoration:none;">
								  <li>Automobiles</li>
							   </a>
						  							   <a href="https://www.biphoo.com/travels" title="Travels" style="text-decoration:none;">
								  <li>Travels</li>
							   </a>
						  						</ul> 
					</li>
	
					
			</ul>
        </div>
    </div>
</div>
   
<div class="head-Warp" style="background:#131315">
  <div style="float:left; width:100%">
    <div style="float:left; width:20%">
    	<a href="https://www.biphoo.com/business-listing">
            <div class="head-logotext">
                Biphoo
            </div>
        </a>
        <div style="clear:both"></div>
        <a href="https://www.biphoo.com/business-listing">
            <div class="head-logoyelop">
                Business Listing
            </div>
        </a>
    </div>
	

<script>
    $(document).ready(function(){
	$("#search-box").keyup(function(){
	   
		$.ajax({
		type: "POST",
		url: "https://www.biphoo.com/json",
		data:'keyword='+$(this).val(),
	
		beforeSend: function(){
			$("#search-box").css("background","#FFF url(LoaderIcon.gif) no-repeat 165px");
		},
		success: function(data){
			$("#suggesstion-box").show();
			$("#suggesstion-box").html(data);
			$("#search-box").css("background","#FFF");
		}
		});
	});
});
//To select country name
function selectCountry(val) {
$("#search-box").val(val);
$("#suggesstion-box").hide();
}
</script>




<div class="head-Warp-iright">
        <div class="searchArea">
        	<div class="search">
                    <div class="frmSearch">
                	  <input id="search-box" class="textbox grey" type="text" ></input>
                      <input class="searchButton" type="submit" value="Search" name="search"></input>
                      <div id="suggesstion-box"></div>
                      <!--<img class="searchButtonBullet" alt="" src="https://www.biphoo.com/images/searchButtonBullet.png"></img>-->
               </div>
            </div>
			 <div class="top-signinbox">
                <div class="top-signin">
					 <a href="https://www.biphoo.com/signin">Sign In</a></div>
                <div class="top-join">
					 <a href="https://www.biphoo.com/register">Join Free</a></div>
            </div>
			
        </div>
    </div>
</div>

</div>
<div style="clear:both"></div>
<div style="float:left; width:100%; border-top:1px solid azure;"></div>

<link href="https://www.biphoo.com/template/biphoo/style/top_header_inner.css" rel="stylesheet" type="text/css" />
<link href="https://www.biphoo.com/template/biphoo/style/style_menu_inner.css" rel="stylesheet" type="text/css" />

	<header id="div_hide_search" style="float:left;">
		<div style="float:left; width:100%;" >
			<a href="#">
				<img src="https://www.biphoo.com/template/biphoo/menu/header_images/responsive_menu.png" class="menu_left" alt="Responsiv Menu"  style="display:none"/>
			</a>
			<a href="https://www.biphoo.com/">
				<img src="https://www.biphoo.com/template/biphoo/images/logo.png" class="logo" alt="Biphoo" />
			</a> 
			<a href="https://www.biphoo.com/signin">
				<img src="https://www.biphoo.com/template/biphoo/menu/header_images/my-account.gif" class="login_pic" alt="Sign in"/>
			</a>
		</div>
		<div class="search_bar_header">
			<a href="#" onClick="history.back();">
				<img src="https://www.biphoo.com/template/biphoo/menu/header_images/back-button.png" class="back_button" alt="Back Button" />
			</a>
			<form id="123" method="get" action="#">
				<input type="tex" class="search_input" name="q" placeholder="Search.." size="21" maxlength="120">
				<a href="#">
					<img src="https://www.biphoo.com/template/biphoo/menu/header_images/search-button.png" class="search_button" alt="Search Button" />
				</a>
			</form>
		</div>
	</header>
                
<div class="menu_pos">
  <label for="show-menu" class="show-menu"><img src="https://www.biphoo.com/template/biphoo/menu/header_images/responsive_menu.png" class="menu_left" alt="Responsive Menu" /></label>
  <input type="checkbox" id="show-menu" role="button">
  <ul id="menu" class="menu_bar_ul">
    <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/real-estate.png" class="menu_img" alt="Home" />
				</div>
				<div style="float:left; padding:13px 0px 0px 4px; font-size:14px; text-transform:uppercase;">
    		     	 Home
				</div>
		   </div>
		</a>
	</li>
    <li class="menu_bar_li">
		<a href="https://www.biphoo.com/bipnews/">
		   <div style="float:left;">
		   		<div style="float:left; height: 50px; margin:0px 0px 0px 0px;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/news.png" class="menu_img" alt="News" />
				</div>
				<div style="float:left; padding:8px 0px 0px 4px; font-size:14px; text-transform:uppercase;">
    		     	 News
				</div>
		   </div>
		</a>
	</li>
        <li class="menu_bar_li">
		<a href="https://www.biphoo.com/bip-finance">
		   <div style="float:left;">
		   		<div style="float:left; height: 50px; margin:0px 0px 0px 0px;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/finance.png" class="menu_img" alt="Bip Finance" />
				</div>
				<div style="float:left; padding:8px 0px 0px 4px; font-size:14px; text-transform:uppercase;">
    		     	 Bip Finance
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/politics">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/politics.png" class="menu_img" alt="Politics" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Politics
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/celebrity">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/celebrity.png" class="menu_img" alt="Celebrity" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Celebrity
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/movies">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/movielogo.png" class="menu_img" alt="Movies" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Movies
				</div>
		   </div>
		</a>
	</li>
        <li class="menu_bar_li">
		<a href="https://www.biphoo.com/business-listing">
		   <div style="float:left;">
		   		<div style="float:left; height:40px; margin:0px 0px 0px 0px;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/business-listings.png" class="menu_img" alt="Business Listing" />
				</div>
				<div style="float:left; padding:6px 0px 0px 8px; font-size:14px; text-transform:uppercase;">
    		     	 Business Listing
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/jobs">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/jobs.png" class="menu_img" alt="Jobs" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Jobs
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/health">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/health.png" class="menu_img" alt="Health" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Health
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
    		<a href="https://www.biphoo.com/real-estate">
    		   <div style="float:left;">
    		   		<div style="float:left;">
        		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/real-estate.png" class="menu_img" alt="Real Estate" />
    				</div>
    				<div style="float:left; padding:12px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
        		     	 Real Estate
    				</div>
    		   </div>
    		</a>
    	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/legal-center">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/legal-center.png" class="menu_img" alt="Legal Center" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Legal Center
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/restaurants">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/restaurants.png" class="menu_img" alt="Restaurants" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Restaurants
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/events">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/events.png" class="menu_img" alt="Events" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Events
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/travels">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/traval-icon.png" class="menu_img" alt="Travels" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Travels
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/automobiles">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/vehicles.png" class="menu_img" alt="Automobiles" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Automobiles
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/deals">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/deal1.png" class="menu_img" alt="Deals" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Deals
				</div>
		   </div>
		</a>
	</li>
        <li class="menu_bar_li">
		<a href="https://www.biphoo.com/classifieds">
		   <div style="float:left;">
		   		<div style="float:left; height:50px; margin:-9px 0px 0px -9px">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/classifiedsIcon.png" alt="Classifieds" style="height:50px;"/>
				</div>
				<div style="float:left; padding:5px 0px 0px 0px; font-size:14px; text-transform:uppercase;">
    		     	 Classifieds
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/us">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/usa.png" class="menu_img" alt="USA Info" />
				</div>
				<div style="float:left; padding:7px 0px 0px 10px; font-size:14px; text-transform:uppercase;">
    		     	 USA Info
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/people">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/people.png" class="menu_img" alt="People" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 People
				</div>
		   </div>
		</a>
	</li>
	<li class="menu_bar_li">
		<a href="https://www.biphoo.com/bipdating/">
		   <div style="float:left;">
		   		<div style="float:left; height:50px; margin:px 0px 0px 0px;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/dating.gif" class="menu_img" alt="Dating" />
				</div>
				<div style="float:left; padding:8px 0px 0px 12px; font-size:14px; text-transform:uppercase;">
    		     	 Dating
				</div>
		   </div>
		</a>
	</li>
	<li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/articles">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/artical.png" class="menu_img" alt="Articles" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Articles
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/microsite">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/microsite.png" class="menu_img" alt="Micro Site" />
				</div>
				<div style="float:left; padding:11px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Micro Site
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/advertise-with-us">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/advertising.png" class="menu_img" alt="Advertise with US" />
				</div>
				<div style="float:left; padding:9px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Advertise with US
				</div>
		   </div>
		</a>
	</li>
        <li style="margin-left:0px" class="menu_bar_li">
		<a href="https://www.biphoo.com/contact-us">
		   <div style="float:left;">
		   		<div style="float:left;">
    		    	 <img src="https://www.biphoo.com/template/biphoo/menu/icons/contact-us.png" class="menu_img" alt="Contact Us" />
				</div>
				<div style="float:left; padding:9px 0px 0px 6px; font-size:14px; text-transform:uppercase;">
    		     	 Contact Us
				</div>
		   </div>
		</a>
	</li>
  </ul>
</div>
        
        
        
         

<div id="hide_refine">
	 <div style="background: none repeat scroll 0 0 #FFFFFF; border:0px solid; margin:3px 3px 0px 3px; width:100%;">
			
	<div style="clear:both;"></div>
</div>
<div style="clear:both;"></div></div>

<div id="mainBody" style="margin-top:5px !important">

<div id="content" style="background:#FFF !important;">
	
	<div style="float:left; width:99.8%; background:#f0ede9; padding:12px; margin:0px 0px 10px 0px;">
		<a href="https://www.biphoo.com/business-listing">
			<span style="float:left; font-size:16px; font-weight:bold; color:#324fe1;">Home</span>
		</a>
		<span style="float:left; padding:7px 0px 0px 7px">
			<img src="https://www.biphoo.com/images/breadCrumbArrow.png" />
		</span>
		
		<a href="https://www.biphoo.com/business/news">
			<span style="float:left; font-size:16px; font-weight:bold; color:#324fe1; padding-left:10px;">
				Business Listing News			</span>
		</a>
		<span style="float:left; padding:7px 0px 0px 7px">
			<img src="https://www.biphoo.com/images/breadCrumbArrow.png" />
		</span>
		
		<span style="float:left; font-size:16px; font-weight:bold; color:#324fe1; padding-left:10px;">
			Oil Markets Roiled As Hurricane Harvey Hits U.s. Petroleum Industry		</span>
	</div>

	<div id="middle-left">

		<div class="newsdetmaindiv">
			  
			<div class="newsdetminerdiv">
			   
				<div class="LyrContent">
					<div class="newsdetcontnt">
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								Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry, Latest Business Updates USA News, Business Updates USA News, Current Business Updates USA.							</div>
							 
							 						  
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								<p><h2 style="text-align: justify;"><font face="arial" color="#000000" size="5"><b style="">Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry</b></font></h2><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry: Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Gasoline prices hit two-year highs as massive floods caused by the storm forced refineries across the U.S. Gulf Coast to shut down.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">In crude markets, Brent futures were pushed up by pipeline blockades in Libya, but U.S. crude futures eased as the U.S. refinery shutdowns could reduce demand for American crude.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Harvey came ashore over the weekend as the most powerful hurricane to hit Texas in more than 50 years, killing at least two people, causing large-scale flooding, and forcing the closure of Houston port as well as several refineries.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">The U.S. National Hurricane Center (NHC) said on Monday that Harvey was moving away from the coast but was expected to linger close to the shore through Tuesday, and that floods would spread from Texas eastward to Louisiana.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Texas is home to 5.6 million barrels of refining capacity per day, and Louisiana has 3.3 million barrels. Over 2 million barrels per day (bpd) of refining capacity were estimated to be offline as a result of the storm.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Spot prices for U.S. gasoline futures surged 7 percent to a peak of $1.7799 per gallon, the highest level since late July 2015, before easing slightly to $1.7622 by 0358 GMT.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">To avoid a fuel shortage, U.S. traders were seeking oil product cargoes from North Asia, several refining and shipping sources told Reuters on Monday.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">âThere may be meaningful and long-term damage to Texasâ refining capacity,â said Jeffrey Halley, analyst at futures brokerage OANDA.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Crude production was also affected, but to a lesser degree.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">About 22 percent, or 379,000 bpd, of Gulf production was idled due to the storm as of Sunday afternoon, according to the U.S. Bureau of Safety and Environmental Enforcement. There may also be around 300,000 bpd of onshore U.S. production shut in, trading sources said.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">U.S. West Texas Intermediate (WTI) futures were at $47.70 a barrel, down 17 cents, or 0.4 percent, from their last settlement.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">âIt may well be that the market feels the choke point in petroleumâs value chain is not (crude) production, but refined products,â Halley said.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">If U.S. oil production is little affected, there could be excess crude as refiners stay shut and donât process crude to produce fuel.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">In international oil markets, Brent crude was stronger at $52.58 per barrel, up 17 cents, or 0.3 percent as Libyan pipeline blockades prevented three oilfields from supplying crude.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">These opposing price movements pushed the WTI discount versus Brent to as much as $4.99 per barrel, the widest in two years.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000">Although the full extent of the stormâs damage is not yet clear, some analysts said the impact would be felt globally and affect energy markets for weeks.</font></div><div style="text-align: justify;"><font size="4" face="arial" color="#000000"><br></font></div><div style="text-align: justify;"><font face="arial" color="#000000" size="1">Source: Â http://www.reuters.com/article/us-global-oil-idUSKCN1B802D</font></div>									  							</p>
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