October 08, 2013 at 06:43 AM EDT
Brent Remains Above $109, Budget Showdown Weighs
Brent crude oil remained steady above $109 on Tuesday morning. The commodity traded at $109.43 at 5:00 GMT as production in the Gulf of Mexico resumed following preemptive closures to brace for Tropical Storm Karen. According to CNBC , oil and gas production in the Gulf of Mexico was rising to
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