Mexico Travel Mexico News Mexico Destination Guide Contact Us

Mexico Travel Guide and Destinations



Oil leaps as new storm menaces Gulf of Mexico

Filed under:

Oil leaps as new storm menaces Gulf of Mexico

Oil leapt by $1.50 on Monday as another tropical storm gathered strength in the Caribbean and menaced US rigs and refineries already rocked by the most active hurricane season in decades. Tropical Storm Wilma, the 21st named storm this year, formed from a depression in the Caribbean and could move into the oil-rich Gulf of Mexico by the end of the week, the US National Hurricane Center said on its website.

The last time there were so many named storms was 1933. Vulnerable oil platforms and refineries along the Gulf of Mexico have already battled an onslaught from two major hurricanes, and six plants are still completely shut.

Rising tensions in Iran, the world’s fourth-biggest oil producer, also buoyed prices after twin bombings in the southwest oil city of Ahvaz, which Tehran blamed on Britain. US crude was up $1.42 at $64.05 a barrel at 1028 GMT. London Brent crude was up $1.48 at $60.96. Prices have fallen from a late August high of above $70 but are still close to levels unseen in real terms in a quarter of a century. Talk of waning demand evaporated on Monday when the US hurricane center upgraded Tropical Depression 24 to Tropical Storm Wilma and forecast she would move toward the Yucatan peninsula in Mexico on Thursday then reach the Gulf on Friday.

Source: financialexpress.com

Related Mexico Travel Information

Oil leaps as Wilma menaces Gulf of Mexico

Oil leaps as Wilma menaces Gulf of Mexico Oil leapt more than $1 yesterday as another tropical storm gathered strength in the Caribbean, menacing US rigs and refineries already rocked by the most active hurricane season in decades. Tropical Storm Wilma, the 21st named storm this year, could move into the oil-rich Gulf of Mexico by the end of the week, the US National Hurricane Centre said yesterday. Rising tension in Iran, the world’s fourth-biggest oil producer, also buoyed prices after twin bombings in the southwest oil city of Ahvaz. Tehran blamed the blasts on Britain. US crude was up $1,14

Wilma may become hurricane, heads for Gulf of Mexico

Wilma may become hurricane, heads for Gulf of Mexico Four of seven major weather models predict Tropical Storm Wilma, which could become a hurricane by Tuesday, will head for the Gulf Coast of Florida. Earlier Monday morning, most of the models forecast the storm would crash into the Yucatan Peninsula in Mexico or Belize later this week. By late morning, most of the forecasts showed the storm would turn north toward western Cuba and Florida's Gulf Coast. The U.S. National Hurricane Center still forecast the storm would graze the northeastern tip of the Yucatan and enter the Gulf of Mexico where it could

Tropical Storm Jose is tenth named storm of season

Tropical Storm Jose is tenth named storm of season According to reports from the National Hurricane Center, the tenth tropical storm of the 2005 Atlantic season, Jose, has formed in the southwestern Gulf of Mexico. As of 5:15 p.m. CDT, the government of Mexico has extended tropical storm warnings southward from Veracruz to Punta el Lagarto. A tropical storm warning is now in effect for the Gulf Coast of Mexico from Punta el Lagarto northward to Cabo Rojo. At 5:15 p.m. CDT the center of Tropical Storm Jose was located near latitude 19.6 north, longitude 95.4 west or about 60 miles east-northesast of

UPDATE 2-Risk of Ophelia entering Gulf of Mexico drops

UPDATE 2-Risk of Ophelia entering Gulf of Mexico drops The risk that Tropical Storm Ophelia will enter the Gulf of Mexico and threaten the U.S. oil and natural gas rigs over the next several days declined as the storm strengthened off the east coast of Florida. Of the seven major weather models, two -- the Beta and Advection Model Medium (BAMM) and the National Hurricane Center 98 Statistical-Dynamical model (A98E) -- projected the storm, which could become a hurricane during the next 24 hours, would turn south toward Cuba and the Florida Keys. Four models, including the NHC model, meanwhile

Katrina Could be in Gulf of Mexico by Saturday

Katrina Could be in Gulf of Mexico by Saturday Most of southeast Florida is under a hurricane watch as Tropical Storm Katrina moves closer to the state. Forecasters at the National Hurricane Center in Miami have posted tropical storm warnings and a hurricane watch from Florida City just south of Miami north to Vero Beach. Katrina has maximum sustained winds of 40-miles per hour, but the storm is expected to grow stronger and become a minimal hurricane before it comes ashore Friday morning. Katrina is expected to emerge over the Gulf of Mexico by Saturday morning and could re-strengthen before making

Tropical Storm Jose Dissipates Over Mexico Gulf Coast

Tropical Storm Jose Dissipates Over Mexico Gulf Coast Tropical Storm Jose has weakened to a tropical depression after dumping heavy rains on the Gulf of Mexico. The U.S. National Hurricane Center says Jose will continue to move inland towards central Mexico over the next 24 hours . Jose hit between the coastal Mexican cities of Veracruz and Tuxpan earlier Tuesday. Forecasters expect Jose to bring seven to 12 centimeters of rain to Mexico with isolated areas receiving as much as 24 centimeters. More: voanews.com

Gulf of Mexico acts as gale

Gulf of Mexico acts as gale Millions of people cowered in fear yesterday as Hurricane Katrina slammed into New Orleans and the Gulf Coast of Louisiana, Mississippi and Alabama with 225-kilometre-an-hour winds fuelled by the warm waters of the the Gulf of Mexico. After stumbling across southern Florida as a weak category one storm late last week, Katrina wobbled into the Gulf and surged in strength over the next four days, becoming several times stronger before coming ashore yesterday as a category four hurricane with a storm track almost 640 km wide. In terms of Gulf hurricanes, Katrina was almost the perfect storm. "When

Risk of Ophelia entering Gulf of Mexico drops

Risk of Ophelia entering Gulf of Mexico drops The risk that Tropical Storm Ophelia will enter the Gulf of Mexico and threaten the U.S. oil and natural gas rigs over the next several days declined as the storm strengthened off the east coast of Florida. Of the seven major weather models, two – the Beta and Advection Model Medium (BAMM) and the National Hurricane Center 98 Statistical-Dynamical model (A98E) – projected the storm, which could become a hurricane during the next 24 hours, would turn south toward Cuba and the Florida Keys. Four models, including the NHC model, meanwhile

Category 3 Hurricane Katrina Eyes Gulf Of Mexico Coast

Category 3 Hurricane Katrina Eyes Gulf Of Mexico Coast New Orleans, Louisiana--Hurricane Katrina, is a Category 3 hurricane as predicted by Bayoubuzz meteorologist, Ed Roy. The storm is moving westward through the Southeastern Gulf of Mexico at a clip of 7 to 11 miles per hour, the Gulf Coast guessing game begins. The Katriana Eye at 8 a.m. EST was near latitude 24.4 North and Longitude 11 KM/Hr. The slow moving storm has maximum sustained winds near 116 MPH and with higher gusts. A gradual turn toward the west-northwest is expected during the next 24 hours. Hurricane forces

Katrina Gaining Strength in Gulf of Mexico

Katrina Gaining Strength in Gulf of Mexico Residents of the Florida Panhandle and other parts of the Gulf Coast nervously monitored the path of Hurricane Katrina on Saturday as weary South Florida homeowners cleaned mud out of basements flooded by the storm and street crews canoed through miles of inundated roadways. Katrina threatened an encore visit as early as Monday after ripping across southern Florida and killing seven people. But forecasters were uncertain of exactly where it might strike, saying the storm could make landfall anywhere from the Panhandle to Louisiana. "The people of Pensacola don't need another one. They just don't need

Travel to World

© Mexico Travelers About Us :: Advertise with Us :: Copyright and Privacy Policy :: Contact Us Powered by: Travel to World
  Site Design and Developer : MAAS InfoMedia