Tropical Storm Bertha is active in the northeastern Gulf of Mexico, with Chevron shutting down its Petronius facility and evacuating personnel as a precaution. The storm, packing 60 mph winds, is expected to make landfall in Louisiana, bringing heavy rainfall and localized flooding. While a gradual weakening is forecast, the precautionary shutdowns could cause minor, temporary disruptions to US crude oil production. This might lead to slight volatility in crude oil prices, which could indirectly affect global gold rates or Pakistan's energy import costs.
بحوالہ / Source: www.brecorder.com