North
Sea
Brent
crude
oil
fell
more
than
$1
per
barrel
on
Wednesday
as
Hurricane
Isaac
hit
land
in
Louisiana
while
leaving
US
Gulf
oil
production
facilities
without
significant
damage.
Worries
about
supply
disruptions
resulting
from
the
hurricane
pushed
Brent
to
a
high
of
$115.50
per
barrel
on
Monday,
while
Nymex
futures
hit
a
peak
of
$97.72.
By
0945
GMT
on
Wednesday,
Brent
crude
oil
futures
for
October
were
down
90
cents
per
barrel
at
$111.68
after
hitting
an
intra-day
low
of
$111.50.
US
light
crude
oil
was
down
80
cents
at
$95.53.
The
US
energy
industry
shut
most
facilities
in…
Brent falls after Isaac spares Gulf facilities