With the American cold, oil prices continued to rise on Tuesday. Brent crude from the North Sea for delivery in April was up slightly by 0.8% or 5 cents from the previous close, to $63.35 per barrel.

The extreme weather situation is disrupting the supply of black gold since it complicates the exploitation of crude oil from the world's largest producer. On Tuesday, more than four million residents and businesses in the United States did not have power.
The American barrel of WTI settled slightly above the symbolic threshold of 60 dollars reached the day before, a week after Brent. It stood at $60.05, up 50 cents or 0.97% from the previous day.
“The energy crisis has worsened as one of the coldest times since 1989 in the United States paralyzed the electrical system, forced the closure of some of the largest refineries, and disrupted pipeline flow,” said Bart Melek of TD Securities.