Oil Futures Slip With Venezuela, Russia-Ukraine in Focus

Core Viewpoint - Oil futures experienced a decline after significant gains the previous day, attributed to the U.S. tightening its blockade on tankers entering or leaving Venezuela [1] Group 1 - The U.S. has intensified its blockade on Venezuelan tankers, impacting oil supply dynamics [1] - Following the blockade announcement, oil futures saw a notable increase before the recent decline [1]