Oil weathering storm but still faces long-term shortages

While they believe the impact of Hurricane Harvey on energy commodities will be limited to the coming weeks, investors are predicting long-term gains in the oil price.  That's potentially good news for oil exporters Indonesia and Malaysia, but less so for oil-importing economies such as India, Japan and China.  Less than a week after Hurricane Harvey made landfall in Texas on August 25, the storm had knocked out a fifth of US oil refining capacity, equivalent to about 4 million …