|Bid||2,984.50 x 10000|
|Ask||2,985.50 x 29000|
|Day's Range||2,962.50 - 2,988.00|
|52 Week Range||2,601.00 - 3,582.00|
|PE Ratio (TTM)||1,699.20|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Monster Hurricane Irma has shut down oil terminals across the northern Caribbean, worsening a fuel supply crunch in Latin America which is struggling to meet demand since Hurricane Harvey disrupted shipments from the U.S. Gulf Coast last month. Latin America had been scrambling for almost two weeks to find oil cargoes because of Harvey, which caused massive flooding in Texas and Louisiana, shutting down ports, refineries and production platforms. Irma, which is being followed by two hurricanes in the Atlantic and Gulf of Mexico, was affecting Caribbean refineries, terminals and storage facilities.
Iraq's state-oil marketer SOMO and the trading arm of Russia's Lukoil agree to form a joint crude marketing venture, the Iraqi Oil Ministry website reports.
Lukoil PJSC returned to profit in the fourth quarter after crude prices rallied.