Hurricane Ida knocks oil output down by 91%; More than Hurricane Katrina

Energy companies on Saturday had cut 91% of U.S. Gulf of Mexico crude oil production, or 1.65 million barrels, as Hurricane Ida churned through offshore oilfields, according to regulator Bureau of Safety and Environmental Enforcement (BSEE).

They also curtailed 1.89 billion cubic feet of natural gas production, or 85% of their output, according to a BSEE tally of reports from offshore producers. (Reporting by Gary McWilliams)

Source: Financial Post