CNBC | Oil prices rise as Gulf of Mexico rigs evacuated, Tropical Storm Gordon approaches CNBC Oil prices rose on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude rose $1.60 a barrel from Friday's close to a peak of $71.40, its highest since mid-July, before easing to around $70.07. METI minister says Japan pressing US to let Iranian oil imports continue Oil prices jump as Gulf of Mexico rigs evacuated Oil Extends Gains on Risks to Supply |