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Evacuation orders remained in place for more than 40,000 residents around Garden Grove, Calif., the location of an industrial site containing an unstable tank of toxic chemical.
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Tens of thousands of people in southern California, however, remain under evacuation orders due to the failing chemical tank.
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;Resize=(620)) Firefighters contending with an overheating tank of hazardous chemicals in Southern California on Monday said an overnight operation had eliminated the possibility of the tank exploding.
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Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.
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