US Oil Prices Rise as Gulf Platforms Shut Ahead of Hurricane

File photo An oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France, October 5, 2017. Reuters/Jean-Paul Pelissier/File Photo

U.S. oil prices edged up on Sep. 4, rising back past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane.

U.S. West Texas Intermediate (WTI) crude futures were at $70.04 per barrel at 0034 GMT, up 24 cents, or 0.3 percent from their last settlement.