Oil Prices Slip Below $60 As U.S.–Venezuela Talks Signal Fresh Crude Supply

Global oil prices remained under pressure on Thursday as markets reacted to advancing negotiations between the United States and Venezuela that could pave the way for sanctioned Venezuelan crude to re-enter international trade flows. At the time of reporting, Brent crude, the global benchmark, was trading around $59 per barrel, reflecting a modest 0.3% decline. … Continue reading Oil Prices Slip Below $60 As U.S.–Venezuela Talks Signal Fresh Crude Supply