WTI Crude Soars to Highest Level Since April on Demand Optimism, Hurricane Beryl

Hurricane Beryl strengthened overnight to a powerful Category 5 storm as it churned in the Caribbean Sea. The Cat. 5 storm is the earliest on record in the Atlantic hurricane season and has caused concern among energy traders about potential Gulf Coast disruptions.  On Monday morning, Beryl made landfall on Grenada's Carriacou Island in the Caribbean Sea with winds around 150 mph. According to NOAA data dating back to 1851, this is the strongest known storm to traverse the Grenadines area. Beryl's arrival marks…