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Venezuelan oil tariffs News

Oil Prices Surge Over 1% Amid US Inventory Concerns and Venezuelan Tariffs

Jessica Bennett 27 Mar, 2025

Oil prices rose over 1% as the market reacts to a larger-than-expected drop in US crude inventories and new tariffs on Venezuelan oil imports, potentially affecting global supply.

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Oil Prices Surge Over 1% as US Inventories Report Looms and Tariffs on Venezuelan Oil Stir Market

James Carter 26 Mar, 2025

Oil prices increased by over 1% as the market awaits the EIA's report on US oil inventories, with API data showing a larger-than-expected drop. Trump's new tariffs on Venezuelan oi...