Tropical Storm Francine strengthened in the Gulf of Mexico, spurring oil drillers to evacuate crews as government forecasters increased the intensity outlook for a system now expected to slam into ...

(Bloomberg) -- Oil edged higher as the tight US presidential election looms over global markets while a tropical storm threatens production from the Gulf of Mexico. West Texas Intermediate rose 0. ...

A late season tropical storm predicted to intensify into a category 2 hurricane in the U.S. Gulf of Mexico this week could reduce U.S. oil production by about 4 million barrels, researchers said.