US light, sweet crude closed up 14 cents at $58.88 a barrel on Tuesday with Brent crude up 32 cents at $58.42.
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Oil Prices Rose $60
Oil prices rose to $60 a barrel on low temperatures and snow across much of the US
Oil prices rose to $60 a barrel on low temperatures and snow across much of the U.S.
Temperatures in the Northeast and Midwest are forecast to remain below average for the next 10 days, keeping oil demand at above-normal levels.
US light, sweet crude closed up 14 cents at $58.88 a barrel on Tuesday with Brent crude up 32 cents at $58.42.
Prices had risen as high as $59.99 earlier in the day before falling back.
US light, sweet crude closed up 14 cents at $58.88 a barrel on Tuesday with Brent crude up 32 cents at $58.42.
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