Oil rises after data shows slump in US output amid Texas freeze

Opec+ to weigh modest oil output boost at meeting, according to sources

New highs: oil prices reached 13-month highs after Texas deep freeze disrupted production, causing crude output to drop — New highs: oil prices reached 13-month highs after Texas deep freeze disrupted production, causing crude output to dropPhoto: AP

Reuters

Oil Price Opec+Texas USA

Published 24 February 2021, 20:59Updated 24 February 2021, 21:00