Oil Slips as Traders Navigate Venezuela Uncertainty

Oil prices regain ground as traders navigate uncertainty over Venezuela's crude-output outlook.Brent crude and WTI are both up 0.7% to $62.21 a barrel and $58.75 a barrel, respectively, after slipping earlier in the session."The emerging regime change in Venezuela has different implications for oil supplies," analysts at Commerzbank say. "Uncertainty is likely to remain high in the short term." ...