Oil prices rise as storms hit U.S.
SINGAPORE (AP) — Oil prices rose Monday as another winter storm pummeled the U.S. with snow, sleet and freezing rain — weather conditions that were expected to boost fuel demand.
Around a foot (30 centimeters) of snow had fallen on parts of the Chicago area, with 10 inches (25 centimeters) in Vermont. The U.S. National Weather Service on Sunday posted winter storm warnings from Michigan and Indiana all the way to Maine. Meteorologists said 18 inches (46 centimeters) was possible in northern New England; more snow was still expected in parts of Michigan.
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