Feeds
Oil prices rose above $125 a barrel Tuesday on supply concerns sparked by the sabotage of two oil pipelines by militants in Nigeria.
Tropical Storm Cristobal headed for the open Atlantic late Sunday as forecasters discontinued tropical storm warnings along the Carolinas.
The remnants of Hurricane Dolly were expected to continue flooding southern Texas on Friday and possibly spawn tornadoes, while storms were forecast in the Plains, the Midwest, the Southwest, the Southeast and New England.
Rain started to fall along the Gulf Coast as Hurricane Dolly — upgraded in force from a tropical storm — closed in on towns straddling the Texas-Mexico border.
Oil prices fell Tuesday in Asia on expectations Tropical Storm Dolly won't disrupt oil operations in the Gulf of Mexico.
Oil dropped below $145 a barrel Tuesday in Asia although a series of threats to supply in a finely balanced market continues to keep a floor under prices.
Forecasters say a tropical storm watch could be issued for Bermuda as Hurricane Bertha moves slowly toward the island.
A low pressure system lingering over New England was expected to trigger scattered showers Thursday along the East Coast. Afternoon showers and thunderstorms were forecast for the South.
Log In | Register
