La Mesa Dam below overflow level, still above critical mark

MANILA, Philippines — The water level of La Mesa Dam in Quezon City has fallen below its overflow level but remains above the critical level, according to the state weather bureau on Sunday evening. In its latest update issued at 6 p.m., the Philippine Atmospheric, Geophysical, and Astronomical Services Administration

It’s likely enough to keep oil in the high $70s to low $80s for the rest of the year – but there’s very little room for error, according to experts.