Oil rose for a fourth week in a row as U.S. Gulf Coast refineries began restarting though gains were capped as investors shifted their focus from the storm toward the fragile rebound in consumption amid the pandemic. WTI was little changed on Friday and notched a 1.5% gain for the week. While Laura was one of the most powerful hurricanes to ever hit Louisiana, facilities in southeast Texas avoided the worst of the storm, allowing infrastructure there to start the recovery process. Among those facing more extensive repairs, Citgo Petroleum Corp. said its refinery in Lake Charles, Louisiana, sustained damage from high winds and likely won’t see an immediate restart. Despite the hiccup in production, U.S. gasoline stockpiles remain at their highest seasonal level in decades. “Gasoline demand is still low, […]