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Live News ENERGY FLASH M impact Oct 08, 2026, 05:43 PM UTC

Hassett says refineries are turning back on, relief coming soon

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About 63% of US Gulf oil output shut in for Hurricane Isaias US Marine Minerals Administration said producers shut in about 62.89% of current Gulf oil production and 57.35% of current natural gas production as of Thursday while responding to H impact | ENERGY | Oct 08, 2026, 06:19 PM UTC Crude oil pares gains after Trump Iran post WTI was up 2.9% to $90.86 a barrel and Brent up 3.2% to $103.38 after rising earlier. M impact | ENERGY | Oct 08, 2026, 05:12 PM UTC Oil jumps more than 5% on new Gulf tanker attack Oil futures rose more than 5%, trading near $106 a barrel by midday, after a deadly tanker attack in the Persian Gulf. H impact | ENERGY | Oct 08, 2026, 04:42 PM UTC BP shuts in Na Kika and Thunder Horse production due to Hurricane Isaias BP says it removed personnel from the Na Kika and Thunder Horse platforms and shut in production there due to Hurricane Isaias, and also removed non-essential staff from Argos, Atl H impact | ENERGY | Oct 08, 2026, 04:20 PM UTC Crude oil futures jump on Iran war risk and Gulf hurricane NYMEX crude oil and refined product futures were moving sharply higher Thursday morning amid renewed U.S.-Iran fighting prospects and a hurricane threat to Gulf Coast refiners. M impact | ENERGY | Oct 08, 2026, 03:52 PM UTC Gold futures rise as investors digest Fed minutes Gold for December delivery is up 0.5% to $4,161.10/oz in New York as markets process the latest Fed meeting minutes. Silver is down 1.1% to $59.62/oz. M impact | ENERGY | Oct 08, 2026, 03:21 PM UTC

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