Oil Advances as US Pursues Third Tanker in Venezuela Blockade

(Bloomberg) — Oil rose as President Donald Trump intensified a blockade on Venezuela, with US forces boarding one tanker and pursuing another within weeks of first capturing a vessel. Brent (BZ=F) climbed to around $61 a barrel, after two weekly declines, while West Texas Intermediate (CL=F) was near $57. The US Coast Guard boarded the Centuries tanker in the Caribbean on Saturday, which was laden with about 2 million barrels of Venezuelan crude. It’s also in pursuit of the Bella 1, which is en route to t ...