CNBC | Oil prices surge more than 2% as Hurricane Florence approaches US east coast CNBC Oil prices jumped on Tuesday as the U.S. east coast braced for a major hurricane. U.S. light crude rose 2.8 percent to $69.42 per barrel, while Brent crude surged 2.3 percent to $79.14. Hurricane Florence maintained Category 4 strength as it approached ... Crude oil futures higher on US stock draw, hurricane forecasts Oil Rises on Supply Concerns After Libya Unrest Iran Resorts to Storing Oil in Fleet of Supertankers. Again |