Oil Prices Fall More Than 1% as Hurricane Rafael Risk Recedes

(Reuters) – Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors also weighed up fresh Chinese economic stimulus. Brent crude oil futures lost $1.17, or 1.55%, to $74.46 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude … Read more