Forecasters indicate the U.S. could see a strong hurricane enter the Gulf of Mexico by mid-week. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author) This week, one of Rigzone’s regular market watchers takes a look at hurricane developments, oil and gas price moves, OPEC+ output and more. Read on for more detail. Rigzone: What were some market expectations that actually occurred during the past week – and which expectations did not? Tom Seng, Director – School of Energy Economics, Policy and Commerce, University of Tulsa’s Collins College of Business: Oil prices moved lower this week on economic concerns magnified by a decision to increase interest rates by the U.S. Federal Reserve. WTI fell to $82.40 per barrel at one point but managed to move back up over the $83 level. Brent […]