Oil prices climb on hurricane impact ahead of US rate decision
Oil prices rose on Monday due to the impact of Hurricane Francine on U.S. Gulf of Mexico output, balancing out concerns about Chinese demand. Brent crude settled at $72.75 a barrel, up 1.59%, while US crude settled at $70.09, up 2.1%. More than 12% of crude production and 16% of natural gas output in the…