News Wrap

IN TODAY'S wrap: Debby halts a quarter of US Gulf crude output; Shtokman project faces an uncertain future as original partners disagree on investment terms; and New South Wales faces slow growth as oilies lure workers away.

Debby

Tropical storm Debby is expected to move through the oil hub in the US Gulf of Mexico, forcing shut almost a quarter of the oil output in the region.

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