Oil prices rise 1% as Texas freeze prompts US production drop

NEW YORK (Reuters) - Oil climbed more than 1% on Wednesday as frigid Texas temperatures curtailed production in the largest U.S. crude producing state, with the unusual cold weather expected to hamper output for days or even weeks.

Oil prices rise 1% as Texas freeze prompts US production drop
NEW YORK (Reuters) - Oil climbed more than 1% on Wednesday as frigid Texas temperatures curtailed production in the largest U.S. crude producing state, with the unusual cold weather expected to hamper output for days or even weeks.