Oil is stabilizing at its highest for almost a month and a half. Brent ended up 0.12% at $73.60 and WTI ended up a very slight gain of 0.01% at $70.46.

Oil prices stabilized on Tuesday at their highest level in nearly a month and a half, boosted by production disruptions in the United States in the midst of hurricane season. A barrel of Brent North Sea oil for November delivery closed at $73.60 in London, up 0.12% or 9 cents from the previous day's close. In New York, the US barrel of WTI for October ended stable at 70.46 dollars (+0.01%). Earlier in the session, Brent had risen to $74.23 and WTI to $71.14, highs since early August. Two weeks after the passage of Hurricane Ida, production in the Gulf of Mexico remains severely disrupted. On Tuesday, the equipment usually providing 39.57% of the region's production was still shut down, according to the Office of Environmental and Safety Regulation (BSEE).