Market Report

Hurricane Ida – Why the Impact Has Been a Storm in a Teacup Compared with Katrina | Oct 2021

The initial impact of both events on oil and gas infrastructure was very similar, with huge swathes of both offshore and onshore production being taken out of action. Yet, when it came to prices, there were no similarities, with oil markets in September 2005 behaving in an entirely different way to September 2021.

Portland OIl Market report Hurricane Ida
PMR-FON-October-21