London: Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted U.S. crude output and exports. Brent Crude futures rose 28 cents, or 0.4%, to $67.85 a barrel by 0410 GMT.
According to Bahrain News Agency, U.S. West Texas Intermediate crude climbed 35 cents, or 0.6%, to $62.74 a barrel. Both benchmarks experienced a surge of about 3% on Tuesday, reflecting the market's ongoing reaction to the impact of adverse weather conditions on oil production and distribution in the United States.