Oil rises 1% as Texas freeze prompts U.S. production drop

Oil rises 1% as Texas freeze prompts U.S. production drop
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19.02.2021

MOSCOW (MRC) -- Oil climbed more than 1% on Wednesday as frigid Texas temperatures curtailed production in the largest US crude producing state, with the unusual cold weather expected to hamper output for days or even weeks, reported Reuters.Brent crude gained 72 cents, or 1.1%, to USD64.07 a barrel by 1:23 p.m. EST (1823 GMT) while U.S. West Texas Intermediate (WTI) crude rose USD0.73, o

Full article at mrcplast.com

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