Oil futures surge 3% a barrel as winter storm slams US output
HOUSTON, – Oil prices settled 3% higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove US Gulf Coast crude exports to zero over the weekend. Brent crude futures settled up $1.98 or 3.02%, at $67.57 a barrel. US West Texas Intermediate crude settled up $1.76 or 2.9%, at…
