Crude oil futures were lower in midmorning trade in Asia on Aug. 28 as they gave up previous gains on a possible supply disruption risk from Hurricane Laura, after most US Gulf Coast refineries and energy infrastructures were spared the brunt of the damage. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:48 am Singapore time (0248 GMT), the ICE October Brent crude futures was down 5 cents/b (0.11%) from the Aug. 27 settle at $45.04/b, while the NYMEX October light sweet crude contract was down 8 cents/b (0.19%) at $42.96/b. Hurricane Laura, a Category 4 storm, made landfall along the USGC early Aug. 27. Two large refineries operated by Citgo Petroleum and Phillips 66 near Lake Charles, Louisiana, were most directly in the path of the hurricane, S&P Global Platts earlier reported. “Refineries in Lake Charles seem to have […]