Oil prices rose more than 1% on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising new geopolitical tensions at a time of demand concerns.Brent crude futures rose 87 cents, or 1.5%, to $59.79 a barrel at 0730 GMT, while U.S. West […]
Oil prices held steady on Tuesday after falling 2% in the previous session as market participants kept a close eye on peace talks to end Russia’s war in Ukraine and a looming decision on US interest rates. Brent crude futures fell 2 cents, or 0.03%, to $62.47 a barrel at 0101 GMT. U.S. West Texas […]