Oil:Price Climb As U.S. Threatens Sanctions Against Venezuela

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Oil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the U.S. makes good on signals that it could impose sanctions on Venezuelan exports. However, fresh data on surging U.S. fuel stocks and worries about U.S.-China trade talks weighed on prices. Brent crude oil futures were at […]

 

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Oil prices climb as U.S. threatens sanctions against Venezuela – Daily TrustOil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the U.S. makes good on signals that it could impose sanctions on Venezuelan exports. However, fresh data on surging U.S. fuel stocks and worries about U.S.-China trade talks weighed on prices.ADVERTISEMENT Brent crude oil futures were at …
Source: Daily Trust - 🏆 13. / 51 Read more »