Oil prices rise as U.S. military strikes against Houthis and positive China economic data boost global oil demand outlook.
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Oil Prices Rise
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GovernmentIn the NewsMarketsOil & Gas
Oil Prices Rise 2% After U.S. Revokes Chevron’s Venezuela License
Oil prices rise 2% after the U.S. revokes Chevron’s Venezuela license, sparking supply concerns as OPEC+ weighs its next move in a volatile market
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Oil prices surged as violence in the Middle East escalated, raising concerns about supply disruptions, though a stable global outlook has kept gains in check.
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Oil markets react to stalled Gaza peace negotiations and a falling dollar, driving prices higher in a volatile geopolitical landscape.