Oil rises in thin trade on concerns over U.S. storm impact
Written by Black Hot Fire Network on December 27, 2022
Oil pumpjacks operate near residences in Los Angeles, California.
Mario Tama | Getty Images News | Getty Images
Oil prices rose in light trade on Tuesday on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil.
Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a . . .
