Oil falls as US refineries shut; Washington pushes Opec to pump more
NEW YORK (Reuters) -Oil fell on Tuesday on expectations for demand to fall after Hurricane Ida shuttered refiners on the U.S. Gulf Coast, and as producing nations in OPEC+ geared up to meet on Wednesday with the United States calling for suppliers to pump more crude.
Brent crude futures for October, due to expire on Tuesday, fell 39 cents, or 0.5%, to $73.02 a barrel by 11:08 a.m. EDT (1508 GMT).
U.S. West Texas Intermediate (WTI) crude futures were down 43 cents, or 0.6%, at $68.78.
Both benchmarks were on track for their first monthly loss since March but were still not far from their July highs, when Brent rose to its strongest since 2018 and U.S. crude since 2014.
