Crude oil price today: Brent, WTI hold near two-week highs as winter storm Fern disrupts U.S. output; OPEC+ up next
Oil prices edged higher Monday, with Brent at $65.95 and U.S. crude at $61.10, after a severe winter storm cut U.S. output by about 300,000 barrels a day. North Dakota and the Permian Basin saw the biggest drops. Kazakhstan’s Tengiz field began a slow restart after an outage. OPEC+ is expected to keep output steady for March at its Feb. 1 meeting.