US Gulf Producers Shut In 1.5 Million BPD of Oil as Hurricane Isaias Nears

Key Facts

1US Gulf of Mexico producers shut in approximately 1.5 million barrels per day of oil production due to Hurricane Isaias.

2Natural gas production of 1.3 billion cubic feet per day has been suspended as the hurricane nears landfall.

US Gulf of Mexico producers shut in approximately 1.5 million barrels per day of oil production due to Hurricane Isaias. Reuters reported that natural gas production of 1.3 billion cubic feet per day has also been suspended as the hurricane nears landfall. These measures were taken as precautionary safety steps and facility evacuations ahead of the hurricane's expected landfall on the Florida Panhandle Friday night.

Significant supply disruptions in the Gulf of Mexico typically support short-term crude prices, though the impact depends on the duration of the shut-ins and potential infrastructure damage. Previous data showed a decrease in US crude oil stocks by 2.09 million barrels according to the American Petroleum Institute (API) report on October 6, 2026.