Oil Prices Retreat As Deadly Winter Storm Moves East

Oil prices gave up earlier gains to trade lower just after noon on Thursday, while the severe winter storms continued to move east, leaving at least 20 people dead and millions without electricity from Texas to New England. As of 12:45 p.m. ET on Thursday, WTI Crude prices were trading down 0.52 percent at $60.78. Brent Crude prices were down 0.50 percent at $63.99. Meanwhile, winter storms from Texas to New England have left at least 20 people dead, with millions left without electricity at some point since the start of the week.   “Unlike…