Markets
Crude Oil Drops To Lowest Since July 21
Gulf Coast. The jump came after the Colonial Pipeline, the biggest U.S. fuel system, said it would shut its main lines to the Northeast by Thursday, hit by outages at pumping points and lack of supplies from refiners. According to Bloomberg , oil traders booked 20 tankers from European suppliers since August 26, double the average for August. Across Houston last week, motorists refueled bef... [Full Article...]
How Hurricane Harvey Has Impacted Gas Prices

Campbell Soup Back At September 2015 Levels After Q4 Miss

Strategic oil reserve tapped in first emergency draw since 2012
Refiners further south on the Texas coast, including Marathon's Galveston Bay, were beginning restarts, while Citgo's 425,000 bpd Lake Charles refinery, on the Louisiana coast in the path of the storm, cut capacity in half. The amount of oil could feed refinery operations for around 4 days and "make enough gasoline to fuel US autos for an hour and 15 minutes", he said. [Full Article...]
Red Cross holding informational event at Service Brewing Company
Wyoming and Colorado residents are traveling to Texas to volunteer after the record-breaking Hurricane Harvey . "This is what we do, we're preparing for this 365 days a year- this is the big one". "Kroger customers have shown time and time again they are very compassionate and always willing to help those in need", Felix Turner, corporate affairs manager for Kroger's Atlanta Division, said . [Full Article...]
Rockwell Collins, Inc. (COL) Shares Bought by Cadence Capital Management LLC

Southern Tier can expect jump at the pump due to Harvey
Darktrace joins UK Prime Minister in Japan trade mission
Darktrace's CEO EMEA, Poppy Gustafsson, is one of a select group of business leaders to accompany the Prime Minister on the three-day trip to Japan . Boris Johnson insists May has his "undivided backing" . After arriving in Japan, May also said Britain would later be able to change the terms of such trade deals. [Full Article...]