Oil Price Slide Eases as Tropical Cyclone Looms over Gulf of Mexico

Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone System 9 intensifies as it moves toward the Gulf coast, where the brewing storm could turn into a hurricane by Wednesday.  Earlier on Monday, Chevron completed the evacuation of nonessential personnel from the Gulf of Mexico facilities, including Anchor, Big Foot, Blind Faith, Jack, Petronius, and Tahiti platforms.  Shell said on Sunday that it was monitoring the storm track for potential impact…