Oil Prices Continue to Climb as Venezuela Tensions Rise
Barrons·2025-12-24 09:57

Group 1 - Oil prices are rising due to increased tensions over Venezuela, contributing to fears of supply disruptions [1] - The recent increase marks the largest five-day gain since October 27 and the longest winning streak since March 27 [1] - Brent crude prices rose by 0.4% to $62.14 per barrel, with a total increase of 5.87% over the past five sessions [1] Group 2 - WTI crude prices increased by 0.6% to $58.71 per barrel [1] - President Trump has ordered a blockade of oil tankers entering and leaving Venezuela and declared the airspace around the country closed [1]

Oil Prices Continue to Climb as Venezuela Tensions Rise - Reportify