Us News Oil Prices Hold Gains After U S Crude Inventory Draw Reuters

Oil prices hold gains as markets focus on supply fears and economic strength

Oil prices stabilized after a strong rally as traders balanced robust U.S. economic data against rising supply risks tied to Venezuela and the war in Ukraine. Read More

Oil gains on news of US action against Venezuelan tanker

Oil prices rose on Monday after reports that the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fears of supply disruption. The U.S. Coast Guard ... Read More

Oil marginally lower as investors weigh US data, geopolitical tensions

Oil settled marginally lower on Wednesday, and prices were on course for their steepest annual decline since 2020 as investors weighed U.S. economic growth and assessed the risk of supply disruptions ... Read More

Crude gains as US increases actions against Venezuela

Oil futures settled higher as the U.S. stepped up actions to enforce a blockade of tankers entering or leaving Venezuela, and Ukraine continued strikes on Russia’s oil infrastructure. Read More

Oil extends gains as US seizes oil tanker near Venezuela

1546 ET – Oil futures extend gains post-market after the U.S. seized an oil tanker off the coast of Venezuela in what’s seen as an escalation of tensions between Washington and Caracas. A Pentagon ... Read More

Oil Prices Edge up After Reports of Possible US Sanctions on Russia, Venezuela Blockade

The Venezuela blockade could affect 600,000 barrels per day of Venezuelan oil exports, mostly to China, but 160,000 bpd of exports to the U.S. would likely continue, ING said. Chevron vessels were ... Read More

Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks

Oil prices edged up on possible disruptions from a U.S. blockade of Venezuelan tankers as the market waits for news about a possible Russia-Ukraine peace deal. Read More

Crude pares gains after tanker seizure in Venezuela. What's next?

The United States' strategy when it comes to Venezuela is rapidly evolving from economic pressure to armed force. A sanctioned supertanker was just seized by American troops off the country's coast, ... Read More

Crude Oil Futures Gain as OPEC+ Extends Output Cuts

Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month. Read More

Oil extends gains after US seizure of tanker off Venezuela

Dec 11 (Reuters) - Oil rose for a second straight session on Thursday after the U.S. seized a sanctioned oil tanker off Venezuela’s coast, escalating tensions between the two countries and raising ... Read More