Storm Shuts Down Gulf Energy Production

In the wake of post-tropical cyclone Rafael, over 25% of oil and 13% of natural gas outputs in the US Gulf of Mexico remained offline. On Monday, 449,541 barrels of oil and 243 million cubic feet of natural gas production were halted, according to the Bureau of Safety and Environmental Enforcement.

In the aftermath of post-tropical cyclone Rafael, significant portions of the US Gulf of Mexico's energy production remain offline. According to the U.S. offshore energy regulator, over 25% of oil and 13% of natural gas outputs are still affected.

On Monday, the Bureau of Safety and Environmental Enforcement reported that approximately 449,541 barrels of oil and 243 million cubic feet of natural gas production were shut-in due to the storm's impact.

The disruption highlights the vulnerabilities of offshore energy infrastructures to severe weather events, with significant impacts expected on both production levels and market stability.

(With inputs from agencies.)