What's moving the oil markets?
Analysts were expecting natural
gas balances to remain tight throughout peak demand season as a result of
shut-in production in the Gulf of Mexico. Shut-in gas production was reported
Tuesday at 5.582 Bcf per day, or 55.82%, by Minerals Management Services, and
cumulative shut-ins from hurricanes Katrina and Rita was put at 348 Bcf.
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http://www.platts.com/Oil/Resources/Whats%20Moving%20the%20Market/