Oil prices climb as US blocks Venezuelan tankers

TheStar Sat, Dec 20, 2025 07:02am - 3 weeks View Original

Brent futures rose 65 cents, or 1.1%, to settle at US$60.47 per barrel, while US West Texas Intermediate (WTI) crude rose 51 cents, or 0.9%, to settle at US$56.66.

NEW YORK: Oil prices edged up on possible disruptions from a US blockade of Venezuelan tankers as the market waits for news about a possible Russia-Ukraine peace deal.

Brent futures rose 65 cents, or 1.1%, to settle at US$60.47 per barrel, while US West Texas Intermediate (WTI) crude rose 51 cents, or 0.9%, to settle at US$56.66.

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Andre V

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From 55 to 56 dollars? Earth shattering stuff.

3 weeks · translate ·