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Oil Prices Continue to Climb as Venezuela Tensions Rise
Barrons· 2025-12-24 09:57
Oil prices continued to rise along with tensions over Venezuela, adding to supply-disruption fears and marking the largest five-day gain since Oct. 27 and the longest winning streak since March 27.President Donald Trump ordered a blockade of oil tankers going in and out of the country and declared that the airspace around Venezuela should be considered closed.Brent crude rose 0.4% to $62.14 a barrel, having risen 5.87% over the past five sessions. WTI crude gained 0.6% to $58.71 a barrel. ...