Oil prices rise as Venezuelan disruptions impact supply
after close1 source ↓written by the desknot a recommendation
- per barrel
- $61.43
- from Friday
- 0.51%
- also rose
- 0.52%
- trading near
- $57.54
- production fell
- 650,000 barrels per day
Oil prices increased on Monday, with Brent crude at $61.43 per barrel, up 0.51% from Friday. West Texas Intermediate (WTI) also rose by 0.52%, trading near $57.54. Supply disruptions in Venezuela, where production fell to 650,000 barrels per day, are tightening heavy crude markets and influencing price dynamics.
Not investment advice. For informational purposes only.