


<!DOCTYPE html>

<html lang="en">
    




<head>
    
    



     <script type="text/javascript">
        var FOX_pagedescriptor = window.FOX_pagedescriptor = {breadcrumb:"/features", isMgmt: "false", site: "fb2",cq: "true"};
    </script>
    <meta charset="UTF-8">
    <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1">
    <meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=no">
    


			    

<title>Oil Edges Lower As Traders Eye Hurricane Harvey | Fox Business</title>
<meta name="dc.title" content=" Oil Edges Lower As Traders Eye Hurricane Harvey">
<meta name="description" content="Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply.">
<meta name="dc.description" content="Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply.">
<meta name="dcterms.abstract" content="Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply.">
<meta name="dc.publisher" content="Fox Business">
<meta name="dc.creator" content="">
<meta name="dc.date" content="2017-08-24">
<meta name="dcterms.created" scheme="dcterms.ISO8601" content="2017-08-24 06:05:18 EDT">
<meta name="dcterms.modified" scheme="dcterms.ISO8601" content="2017-08-24 06:05:18 EDT">
<meta name="dc.source" content="Dow Jones Newswires">
<meta name="dc.identifier" scheme="dcterms.URI" content="1b2387c4-9442-4833-8be2-fad5384059d9">
<meta name="dc.subject" content="">
<meta name="keywords" content="">
<link rel="shorturl" href="http://fxn.ws/2vaVBTd">
<link rel="canonical" href="http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html">

<link rel="amphtml" href="http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.amp.html">


 
<meta name="prism.aggregationType" content="subsection">
<meta name="prism.genre" content="">
<meta name="dc.type" scheme="dcterms.DCMIType" content="Text.Article">
<meta name="prism.channel" content="fbn">
<meta name="prism.section" content="features">
<meta name="prism.subsection1" content="">
<meta name="prism.subsection2" content="">
<meta name="prism.subsection3" content="">
<meta name="prism.subsection4" content="">
<meta property="og:title" content=" Oil Edges Lower As Traders Eye Hurricane Harvey">
<meta property="og:description" content="Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply.">
<meta property="og:type" content="article">

    <link rel="image_src" href="http://global.fncstatic.com/static/cq/fb/img/all/og-fox-business.png">
    <meta property="og:image" content="http://global.fncstatic.com/static/cq/fb/img/all/og-fox-business.png">

<meta property="og:url" content="http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html">
<meta property="og:site_name" content="Fox Business">

    
    
        <meta name="classification" content="/FOX BUSINESS/Features">
    
    
        <meta name="classification-isa" content="features">
    

<meta property="fb:app_id" content="116027085089150">



<meta name="twitter:card" content="summary_large_image">

    <meta name="twitter:title" content="Oil Edges Lower As Traders Eye Hurricane Harvey">
    <meta name="twitter:description" content="Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply.">
    <meta name="twitter:url" content="http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html">
    <meta name="twitter:creator" content="">
    
        <meta name="twitter:image" content="http://global.fncstatic.com/static/cq/fb/img/all/og-fox-business.png">
    

<meta name="dc.format" scheme="dcterms.IMT" content="text/html">
<meta name="dc.language" scheme="dcterms.RFC4646" content="en-US">
<meta http-equiv="content-type" content="text/html; charset=UTF-8">
<meta http-equiv="content-language" content="en">
<meta name="livefyreconfig" collectionMeta="eyJhbGciOiJIUzI1NiJ9.eyJ0YWdzIjoiZm94LWJ1c2luZXNzLGZlYXR1cmVzIiwidGl0bGUiOiIgT2lsIEVkZ2VzIExvd2VyIEFzIFRyYWRlcnMgRXllIEh1cnJpY2FuZSBIYXJ2ZXkiLCJjaGVja3N1bSI6ImRmMTVlMTQyYzU2MGU5YmUxZTgzMjhkZWFiODA2NGFkIiwiYXJ0aWNsZUlkIjoiMWIyMzg3YzQtOTQ0Mi00ODMzLThiZTItZmFkNTM4NDA1OWQ5IiwidXJsIjoiaHR0cDovL3d3dy5mb3hidXNpbmVzcy5jb20vZmVhdHVyZXMvMjAxNy8wOC8yNC9vaWwtZWRnZXMtbG93ZXItYXMtdHJhZGVycy1leWUtaHVycmljYW5lLWhhcnZleS5odG1sIn0.gL_GBq9b3NvnvAxTOG6lKSzmwltgQ8h9ybLpKRCnjPI" checksum="df15e142c560e9be1e8328deab8064ad" articleId="1b2387c4-9442-4833-8be2-fad5384059d9" siteId="310717" enable="false"/>
<meta name="livefyreblogconfig" collectionMeta="eyJhbGciOiJIUzI1NiJ9.eyJ0YWdzIjoiZm94LWJ1c2luZXNzLGZlYXR1cmVzIiwidGl0bGUiOiIgT2lsIEVkZ2VzIExvd2VyIEFzIFRyYWRlcnMgRXllIEh1cnJpY2FuZSBIYXJ2ZXkiLCJjaGVja3N1bSI6IjMwNDFjNDQxOWFkYmUxYzQ3M2EyODc4YjMyMTUyNTlmIiwidHlwZSI6ImxpdmVibG9nIiwiYXJ0aWNsZUlkIjoiMWIyMzg3YzQtOTQ0Mi00ODMzLThiZTItZmFkNTM4NDA1OWQ5YmxvZyIsInVybCI6Imh0dHA6Ly93d3cuZm94YnVzaW5lc3MuY29tL2ZlYXR1cmVzLzIwMTcvMDgvMjQvb2lsLWVkZ2VzLWxvd2VyLWFzLXRyYWRlcnMtZXllLWh1cnJpY2FuZS1oYXJ2ZXkuaHRtbCJ9.RdXQtZsgtvCsjrEgZAFguB12EuVVPtbRoec7Kn1JTqo" checksum="3041c4419adbe1c473a2878b3215259f" articleId="1b2387c4-9442-4833-8be2-fad5384059d9blog" siteId="310717" enable="false"/>
<meta name="livefyrereviewsconfig" collectionMeta="eyJhbGciOiJIUzI1NiJ9.eyJ0YWdzIjoiZm94LWJ1c2luZXNzLGZlYXR1cmVzIiwidGl0bGUiOiIgT2lsIEVkZ2VzIExvd2VyIEFzIFRyYWRlcnMgRXllIEh1cnJpY2FuZSBIYXJ2ZXkiLCJjaGVja3N1bSI6IjQ5ODgzYWRlMTEyOGVkNWJiNGUwZTgzNmNiNTlhZTgyIiwidHlwZSI6InJldmlld3MiLCJhcnRpY2xlSWQiOiIxYjIzODdjNC05NDQyLTQ4MzMtOGJlMi1mYWQ1Mzg0MDU5ZDlyZXZpZXdzIiwidXJsIjoiaHR0cDovL3d3dy5mb3hidXNpbmVzcy5jb20vZmVhdHVyZXMvMjAxNy8wOC8yNC9vaWwtZWRnZXMtbG93ZXItYXMtdHJhZGVycy1leWUtaHVycmljYW5lLWhhcnZleS5odG1sIn0.qvkpz8UPr612D681BrnMZ6y4axx0D-dVQ5gNXd9iT14" checksum="49883ade1128ed5bb4e0e836cb59ae82" articleId="1b2387c4-9442-4833-8be2-fad5384059d9reviews" siteId="310717" enable="false"/>

<meta name="pagetype" content="article"/>


	
	
		<meta name="robots" content="noarchive, noodp, nofollow ">
	


<!--  dns-prefetch tags -->
<meta http-equiv="x-dns-prefetch-control" content="on"> 
<link rel="dns-prefetch" href="//a57.foxnews.com"> 
<link rel="dns-prefetch" href="//global.fncstatic.com"> 
<link rel="dns-prefetch" href="//images.outbrain.com"> 
<link rel="dns-prefetch" href="//widgets.outbrain.com"> 
<link rel="dns-prefetch" href="//widget-cdn.rpxnow.com"> 
<link rel="dns-prefetch" href="//pagead2.googlesyndication.com"> 
<link rel="dns-prefetch" href="//securepubads.g.doubleclick.net"> 
<link rel="dns-prefetch" href="//z.moatads.com"> 
<link rel="dns-prefetch" href="//hpr.outbrain.com"> 
<link rel="dns-prefetch" href="//metrics.foxnews.com"> 
<link rel="dns-prefetch" href="//cdn.tt.omtrdc.net"> 
<link rel="dns-prefetch" href="//foxnews.demdex.net"> 
<link rel="dns-prefetch" href="//static.chartbeat.com"> 
<link rel="dns-prefetch" href="//cdn.taboola.com"> 
<link rel="dns-prefetch" href="//assets.tapad.com"> 
<link rel="dns-prefetch" href="//www.googletagservices.com"> 
<link rel="dns-prefetch" href="//cdn.livefyre.com"> 
<link rel="dns-prefetch" href="//foxnews.tt.omtrdc.net"> 
<link rel="dns-prefetch" href="//log.outbrain.com"> 
<link rel="dns-prefetch" href="//cdn.optimizely.com"> 
<link rel="dns-prefetch" href="//b.scorecardresearch.com">









    <script src="http://global.fncstatic.com/static/v/all/js/ag.jquery.js?201405051029"></script>
    <script src="http://global.fncstatic.com/static/v/all/js/ag.base.js?201405051029"></script><link rel="schema.dc" href="http://purl.org/dc/elements/1.1/">
    <link href="https://fonts.googleapis.com/css?family=Source+Sans+Pro:200,300,400,600,400italic,700,700italic,300,300italic,600italic" rel="stylesheet" type="text/css">
    <link rel="schema.dcterms" href="http://purl.org/dc/terms/">
    <link rel="schema.prism" href="http://prismstandard.org/namespaces/basic/2.1/"> 
    <link rel="schema.iptc" href="http://iptc.org/std/nar/2006-10-01/">
    <link rel="shortcut icon" href="http://global.fncstatic.com/static/cq/fb/img/all/favicon.ico" type="image/x-icon"/>
    <link rel="apple-touch-icon" sizes="57x57" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-57x57.png">
    <link rel="apple-touch-icon" sizes="60x60" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-60x60.png">
    <link rel="apple-touch-icon" sizes="72x72" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-72x72.png">
    <link rel="apple-touch-icon" sizes="76x76" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-76x76.png">
    <link rel="apple-touch-icon" sizes="114x114" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-114x114.png">
    <link rel="apple-touch-icon" sizes="120x120" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-120x120.png">
    <link rel="apple-touch-icon" sizes="144x144" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-144x144.png">
    <link rel="apple-touch-icon" sizes="152x152" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-152x152.png">
    <link rel="apple-touch-icon" sizes="180x180" href="http://global.fncstatic.com/static/cq/fb/img/all/apple-touch-icon-180x180.png">
    <link rel="icon" type="image/png" href="http://global.fncstatic.com/static/cq/fb/img/all/favicon-16x16.png" sizes="16x16">
    <link rel="icon" type="image/png" href="http://global.fncstatic.com/static/cq/fb/img/all/favicon-32x32.png" sizes="32x32">
    <link rel="icon" type="image/png" href="http://global.fncstatic.com/static/cq/fb/img/all/favicon-96x96.png" sizes="96x96">
    <link rel="icon" type="image/png" href="http://global.fncstatic.com/static/cq/fb/img/all/android-chrome-192x192.png" sizes="192x192">
    <meta name="msapplication-square70x70logo" content="http://global.fncstatic.com/static/cq/fb/img/all/smalltile.png" />
    <meta name="msapplication-square150x150logo" content="http://global.fncstatic.com/static/cq/fb/img/all/mediumtile.png" />
    <meta name="msapplication-wide310x150logo" content="http://global.fncstatic.com/static/cq/fb/img/all/widetile.png" />
    <meta name="msapplication-square310x310logo" content="http://global.fncstatic.com/static/cq/fb/img/all/largetile.png" />
    <link href="http://global.fncstatic.com/static/cq/fb/css/global.rs.css" rel="stylesheet" type="text/css">
    <script src="http://global.fncstatic.com/static/cq/all/js/lib/ag.global.js"></script>
    <script src="http://global.fncstatic.com/static/cq/fb/js/lib/ag.foxbusiness.js"></script>
     

       
    



<link href="http://global.fncstatic.com/static/cq/fb/css/article.rs.css" rel="stylesheet" type="text/css">

    
    


<!--[if lt IE 9]><script src="http://html5shim.googlecode.com/svn/trunk/html5.js"></script><![endif]-->
<!--[if lt IE 9]><script src="http://css3-mediaqueries-js.googlecode.com/svn/trunk/css3-mediaqueries.js"></script><![endif]-->

    
    <script src="http://global.fncstatic.com/static/isa/core.js" type="text/javascript"></script>
    
    
    <script type="text/javascript">
        if (window.FOX) {FOX.site.topInit();}
    </script>

    
</head>

    



<body class="fb features single single-article">
	

<div class="mboxDefault"></div>
<script type="text/javascript">
	mboxCreate('FoxNews-Standard','pagetype=article', 'site=fbn','section=features', 'subsection=');
</script>

	






    <div class="page">
	    










<div class="container">
    




    
    
        
            
            
                



<header class="masthead">
    
        <div class="search-dropdown hide">
            <form action="/search.html" method="get">
                <input type="text" placeholder="Search for keywords or stock symbols" name="q">
                <input type="hidden" name="ss" value="fb">
            </form>
        </div>
    
    <div class="inner">
        <div class="logo"><a href="/">Fox Business</a></div>
        <nav class="main">
            <ul>
                <li class="menu-home"><a href="/"><span>Home</span></a></li>
                <li class="menu-markets">
                    <a href="/markets.html">Markets</a>
                </li>
                <li class="menu-politics">
                    <a href="/politics.html">Politics</a>
                </li>
                <li class="menu-features">
                    <a href="/features.html">Features</a>
                    
                        <div class="sub">
                            <ul>
                                
                                    <li class="menu-sub"><a href="/category/small-business/small-business-big-success.html">Small Business, Big Success </a></li>
                                
                                    <li class="menu-sub"><a href="/category/technology/cyber-security.html">Cyber Security</a></li>
                                
                                    <li class="menu-sub"><a href="/category/business-leaders.html">Business Leaders</a></li>
                                
                                    <li class="menu-sub"><a href="/category/personal-finance.html">Personal Finance</a></li>
                                
                            </ul>
                        </div>
                    
                </li>
                <li class="menu-fbn-tv">
                    <a href="/fbntv.html">FBN TV</a>
                    
                        <div class="sub">
                            <ul>
                                <li class="menu-sub"><a href="/shows.html">SHOWS</a></li>
                                <li class="menu-sub"><a href="/person/personalities.html">ANCHORS &amp; REPORTERS</a></li>
                                <li class="menu-sub"><a href="/fbntv/schedule.html">SCHEDULE</a></li>
                                <li class="menu-sub"><a href="//video.foxbusiness.com/">VIDEO</a></li>
                            </ul>
                        </div>
                    
                </li>
                <li class="menu-search">
                    <a href="/search.html"><span>Search</span></a>
                </li>
            </ul>
        </nav>
    </div>
    
        
            
            
                




    
        
    
    
    

            
        
            <div class="ad-container large desktop">
                <div class="ad gpt ad-h-90" id="desktop-728x90"></div>
            </div>
    
</header>
            
        
    

    
        




<div class="sidebars" data-feed="">
    <aside class="sidebar sticky">
        
            <div class="market-data">
                <div class="stocks">
                    
                        <div class="stock" data-stock-ticker="I:DJI"
                             data-stock-title="" data-stock-url="">
                            <span class="name"></span>
                            <span class="current"></span>
                            <span class="change"></span>
                            <span class="percent"></span>
                        </div>
                    
                        <div class="stock" data-stock-ticker="I:COMP"
                             data-stock-title="" data-stock-url="">
                            <span class="name"></span>
                            <span class="current"></span>
                            <span class="change"></span>
                            <span class="percent"></span>
                        </div>
                    
                        <div class="stock" data-stock-ticker="SP500"
                             data-stock-title="" data-stock-url="">
                            <span class="name"></span>
                            <span class="current"></span>
                            <span class="change"></span>
                            <span class="percent"></span>
                        </div>
                    
                        <div class="stock" data-stock-ticker="FUT-CL"
                             data-stock-title="Oil " data-stock-url="">
                            <span class="name"></span>
                            <span class="current"></span>
                            <span class="change"></span>
                            <span class="percent"></span>
                        </div>
                    
                </div>
                
                
                    <div class="advert sponsor">
                        <div class="ad gpt" id="snapshot-292x30">
                        </div>
                    </div>
                
            </div>
        
        <div class="ad-container desktop">
            <div class="ad gpt ad-h-250" data-ad-pos="dashboard" data-ad-size="300x250" id="dashboard-300x250"></div>
            <p class="advert-txt">ADVERTISEMENT</p>
        </div>
    </aside>

    <div class="radar-bar">
        <div class="text"><h3>On Our Radar</h3></div>
        <span class="count"><a href="#"></a></span>
    </div>
    <aside class="sidebar social hide">
        <section class="on-our-radar">
            <div class="sticky-bar">
                <a href="#" class="refresh">Refresh</a>
                <span class="count"></span>
                <a href="#" class="close">Close</a>
            </div>
            <header>
                <h2>On Our Radar</h2>
            </header>
            <footer>
                <div class="button">
                    <a href="#">Load More</a>
                </div>
            </footer>
        </section>
    </aside>

</div>
    
    <main class="main-content">
        <div class="wrap">
            



<article class="story" data-article-link="/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html">
    




    <div class="inner">
    	    
    
        




<header class="article-header">
    <h1> Oil Edges Lower As Traders Eye Hurricane Harvey</h1>
    <div class="meta">
        <p>
            
                By
                <span class="author">
                    <span>
                        
                        
                            Stephanie Yang and Sarah McFarlane 
                        
                    </span>
                </span>
            
            <time class="date" datetime="2017-08-24T18:01:01.000-04:00">Published
                August 24, 2017</time>
            
                <span class="tags">
                    <a href="/features.html">Features</a></h2>
                </span>
            
            
                <span class="source">
			
				
				Dow Jones Newswires
			
                </span>
             
        </p>
    </div>
</header>

    <div class="social">
        <ul>
            <li class="fb"><a href="#"><span>Facebook</span></a></li>
            <li class="tw"><a href="#"><span>Twitter</span></a></li>
            
            <li class="print"><a href="/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.print.html"><span>Print</span></a></li>
        </ul>
    </div>


        <div class="big-top article-ct">
            




    
        
    

    

    

    


        </div>
        <div class="article-content content article-body">
            



<div class="article-text">
    
        
        
        
            
                
                
                    





    
    <p>Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply. </p>
        
    
        
            
                
                    <div class="ad-container desktop">
                        <div class="ad gpt" id="desktop-300x600_300x250"></div>
                    </div>
                
                
            
            <div class="ad-container tablet">
                <div class="ad gpt" id="tablet-300x250"></div>
            </div>
        
        <div class="ad-container mobile">
            <p>Continue Reading Below</p>
            <div class="ad gpt" id="mobile-320x50_300x250"></div>
        </div>
    
    
	
    


    
    <p>Light, sweet crude for October delivery settled down 98 cents, or 2%, to $47.43 a barrel on the New York Mercantile Exchange, closing at a one-week low. Brent, the global benchmark, fell 53 cents, or 1%, to $52.04 a barrel. </p>
        
    
    
	
    


    
    <p>The National Weather Service upgraded Tropical Storm Harvey to a hurricane on Thursday, and crude prices dropped as refiners in Corpus Christi shut down operations. Meanwhile, gasoline prices rallied, closing up 2.8% at $1.6641 a gallon on concerns for supply disruptions. </p>
        
    
    
            <div class="ad gpt" data-ad-pos="inread" data-ad-size="1x1"></div>
    
	
    


    
    <p>Hurricane Harvey would be the first hurricane to hit Texas since the U.S. Gulf became a major exporter of refined products and crude, said Olivier Jakob, head of Swiss consultancy Petromatrix. </p>
        
    
    
	
    


    
    <p>&quot;A hurricane causing damage to the refinery infrastructure of Texas would have today a much greater international impact than in previous tropical weather events,&quot; Mr. Jakob said. </p>
        
    
    
	
    


    
    <p>Refiner demand for crude has helped draw down stockpiles in recent months, helping fuel a rally in the market. However, a halt in refiners processing crude into products could lead to another build up in storage, analysts warned. </p>
        
    
    
	
        
            <div class="ad-container mobile">
                <p>Continue Reading Below</p>
                <div class="ad gpt" id="mobile-300x251"></div>
                <p class="advert-txt">ADVERTISEMENT</p>
            </div>
        
    
    


    
    <p>U.S. crude stocks continued to decline for the eighth consecutive week, with data from the U.S. Energy Information Administration published Wednesday showing a fall of 3.3 million barrels of crude oil in the week ended Aug 18. The decline in stockpiles was largely in line with analyst expectations on average. </p>
        
    
    
	
    


    
    <p>But some analysts have been less optimistic on the data, especially as U.S. production has risen and refiners prepare for a period of maintenance. According to the EIA, U.S. production rose to 9.5 million barrels a day in the week ended Friday, nearing a record of 9.6 million barrels a day hit in June 2015. </p>
        
    
    
	
    


    
    <p>&quot;I think there's still concern. This week we showed another increase in U.S. oil production,&quot; said Kyle Cooper, a consultant at ION Energy Group in Houston. </p>
        
    
    
	
    


    
    <p>S&amp;P Global Platts said that although the global surplus was slowly being worked through, as shown by the U.S. stock draws, &quot;traders already appear to be looking ahead to next month, when crude stocks typically build as refinery demand fades when units are taken offline for the fall maintenance period.&quot; </p>
        
    
    
	
    


    
    <p>On Thursday, the Organization of the Petroleum Exporting Countries said extending production cuts past the first quarter of 2018 is still an option for the oil cartel, which has struggled to make a dent in a global supply glut, in part because of increasing U.S. shale production. </p>
        
    
    
	
    


    
    <p>Write to Stephanie Yang at stephanie.yang@wsj.com and Sarah McFarlane at sarah.mcfarlane@wsj.com </p>
        
    
    
	
    


    
    <p>(END) Dow Jones Newswires</p>
        
    
    
	
    


    
    <p>August 24, 2017 18:01 ET (22:01 GMT)</p>
        
    
    
	
    


                
            
            
                <p><i></i></p>
            
        
    
</div>
            




            







        </div>        
              
        



<footer class="article-footer">
    
</footer>
        




    
    
        <div class="partners">
            <div class="outbrain"><div class="fox-ob-placement img-strip" data-article-placement="5" data-fbk="1" data-widget-id="AR_19"></div></div><!-- /outbrain -->
            <div class="outbrain"><div class="fox-ob-placement img-strip" data-article-placement="1" data-fbk="1" data-widget-id="AR_20"></div></div><!-- /outbrain -->
            <div class="outbrain"><div class="fox-ob-placement" data-article-placement="6" data-fbk="1" data-widget-id="MB_1"></div></div>
            <div class="ad cu" id="cu_article_4"></div>
        </div>
        
    


    </div>
</article>


        </div>
    </main>
</div>


	    




    
    
        
            
            
                



<footer class="bottom">
    <div class="inner">
        <div class="logo"><a href="/">Fox Business</a></div>
        <nav class="main">
            <ul>
                <li class="active"><a href="/markets.html">Markets</a></li>
                <li><a href="/politics.html">Politics</a></li>
                <li><a href="/features.html">Features</a></li>
                <li><a href="/fbntv.html">FBN TV</a></li>
            </ul>
        </nav>

        <div class="search">
            
                
                
                    <div class="input-wrap">
                        <form action="/search.html" method="get">
                            <input type="text" placeholder="" name="q">
                            <input type="hidden" name="ss" value="fb">
                        </form>
                    </div>
                
            
        </div>

        <nav class="sub">
            <ul>
                <li><a href="/about-us.html">About Fox Business</a></li>
                <li><a href="/channel-finder.html">Channel Finder</a></li>
                <li><a href="mailto:advertisefbn@foxbusiness.com">Advertise With Us</a></li>
                <li><a href="//www.foxbusiness.com/privacy-policy.html#ad-choice">Ad Choices</a></li>
                <li><a href="//careers.foxnews.com/fox-business-network">Jobs</a></li>
                <li><a href="//careers.foxnews.com/students">Internships</a></li>
               	<li><a href="/terms-of-use.html">New Terms of Use</a>  <a href="/terms-new.html">(What's new)</a></li> 
                <li><a href="/privacy-policy.html">New Privacy Policy</a></li>
				<li><a href="//help.foxbusiness.com/index.html">FAQ</a></li>
                <li><a href="http://press.foxbusiness.com/">Media Relations</a></li>
                <li><a href="/closed-captioning.html">Closed Captioning Policy</a></li>
                <li><a href="/accessibility-statement.html">Accessibility Statement</a></li>
            </ul>
        </nav>

        <div class="legal">
            <p>Quotes delayed at least 15 minutes. Real-time quotes provided by <a href="http://www.batstrading.com/">BATS BZX Real-Time Price</a>. Market Data provided by Interactive Data (<a href="/terms-of-use.html">Terms &amp; Conditions</a>). Powered and Implemented by <a href="http://www.interactivedata.com/idms/">Interactive Data Managed Solutions</a>. Company fundamental data provided by <a href="http://www.morningstar.com/">Morningstar</a>. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by <a href="http://www.lipperweb.com/default.aspx">Lipper</a>. Economic data provided by Econoday. Dow Jones &amp; Company Terms &amp; Conditions.</p>
            <p>This material may not be published, broadcast, rewritten, or redistributed. &copy;2018 FOX News Network, LLC. All rights reserved. <a href="//help.foxbusiness.com/index.html">FAQ</a> - <a href="/privacy-policy.html">Privacy Policy</a></p>
        </div>
    </div>
</footer>
            
        
    

	    



<noscript>
    <img src="http://metrics.foxnews.com/b/ss/foxnewsbusinessprod/1/H22.1--NS/1506906350691?pageName=features:subsection:article&g=http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html" style="display:none;" width="0" height="0" border="0" alt="">
    <img src="//secure-us.imrworldwide.com/cgi-bin/m?ci=us-201978h&amp;cg=0&amp;cc=1&amp;si=http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html&amp;ts=noscript&amp;rnd=1506906350691" style="display:none;" width="0" height="0" border="0" alt="">
    <img src="http://b.scorecardresearch.com/p?c1=2&c2=9013181&c3=&c4=http://www.foxbusiness.com/features/2017/08/24/oil-edges-lower-as-traders-eye-hurricane-harvey.html&c5=&c6=&c15=&cv=2.2&cj=1" style="display:none;" width="0" height="0" border="0" alt="">
</noscript>
<script type="text/javascript">
    (function($){
        $.ad.pre();
        if (window.FOX) { FOX.site.bottomInit(); }
    }(jQuery));
</script>
    </div>
    <script type="text/javascript">
        (function(d,src){
            var s = d.createElement("script"),
                g = "getElementsByTagName";
            s.async = !0;
            s.src = src;
            (d[g]("head") || d[g]("body"))[0].appendChild(s);
        }(document, "//ws.audioeye.com/ae.js"));
    </script>
</body>
</html>