Oil prices rise amid Venezuela supply concerns
pre-market1 source ↓written by the desknot a recommendation
- crude futures rose
- 0.4%
- per barrel
- $62.48
- $58.58
Oil prices increased on Friday as the U.S. imposed economic pressure on Venezuelan oil shipments. Brent crude futures rose 0.4% to $62.48 per barrel, while U.S. West Texas Intermediate (WTI) crude climbed 0.4% to $58.58. Geopolitical tensions from airstrikes in Nigeria add to supply risk assessments.
Not investment advice. For informational purposes only.