Crude futures gained more than 2 percent Tuesday, as scientists’ predictions about the next Atlantic hurricane season and a fire at a Louisiana refinery renewed concerns about potential supply disruptions in the Gulf of Mexico.
Light, sweet crude for July delivery rose $1.80 to settle at $71.76 a barrel Tuesday the New York Mercantile Exchange. Brent crude for July delivery on the ICE Futures exchange rose $1.19 to settle at $70.54 a barrel.
