Oil and gasoline futures pulled back Wednesday, a day after hitting five-month highs, as Hurricane Laura forced the shutdown of most Gulf of Mexico crude output and traders awaited the latest figures on U.S. petroleum inventories.
West Texas Intermediate crude for October delivery CL.1, -0.74% CLV20, -0.69% was down 18 cents, or 0.4%, at $43.17 a barrel on the New York Mercantile Exchange. October Brent crude BRNV20, -0.52%, the global benchmark, fell 7 cents, or 0.2%, to $46.22 a barrel on ICE Futures Europe.
