Oil climbs 1% on US storm disruption, Kazakh oilfield’s slow restart
January 27, 2026
(Investing) – HOUSTON – Oil prices rose by around 1% on Tuesday as producers reeled from a winter storm that hobbled crude production and affected refineries on the U.S. Gulf Coast over the weekend, with the slow restart of output from the Tengiz oilfield in Kazakhstan further boosting prices. Brent crude futures were up 61 cents or 0.93%, at $66.20 a barrel
