Oil Edges Higher With US Pressure on Venezuela Exports in Focus
Yahoo Finance·2025-12-23 20:51
Oil gained for a fifth straight day in thin trading as investors weighed the US clampdown on shipments from Venezuela against weak demand. West Texas Intermediate rose 0.6% to settle above 62. The US has boarded one tanker, seized another and recently pursued a third near Venezuela, as Washington pressures the government of Nicolas Maduro. Most Read from Bloomberg Still, nearly half a dozen tankers laden with crude have departed from Venezuela’s coast since the Trump ...