
Oil jumps over 1% on US storm disruption, Kazakh oilfield's slow restart

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Oil prices increased by over 1% due to a severe winter storm disrupting crude production and refineries on the U.S. Gulf Coast. Additionally, the slow restart of output from Kazakhstan's Tengiz oilfield contributed to market support. Brent crude futures rose by 90 cents, reaching $66.49 a barrel as of 1415 GMT on January 27.

