MARKET WATCH: NYMEX crude surpasses $69/bbl on tropical weather threats

Light, sweet crude oil and Brent crude oil prices jumped by more than $1.60/bbl on Sept. 11 while market participants monitored tropical weather systems headed toward the US East Coast and possibly the Gulf of Mexico. Tropical Storm Isaac could aim at Texas later this week although that system appeared to be fading as of early Sept. 12, forecasters said.


Source: News