The havoc wreaked by major summer storms stands to deepen a global crude-supply glut that has depressed oil prices for more than three years. By paralyzing giant swaths of the southern U.S. ranging from Texas to South Carolina for days at a time, hurricanes Harvey and Irma will dent energy demand from consumers and refiners even as drilling continues and crude in storage is abundant. The effect, analysts say, will be to push...

Source: Wall Street Journal September 11, 2017 09:22 UTC