Oil Prices Inch Higher as US-Venezuela Tensions Grow

Oil Prices Inch Higher as US-Venezuela Tensions Grow

A 3D-printed oil pump jack is seen in front of the OPEC logo on April 14, 2020. Dado Ruvic/Illustration/Reuters

OPEC decided to maintain current production levels into 2026 on fears of a global glut.

Oil prices rose over $1 a barrel on Monday after drone attacks by Ukraine, rising tensions between the United States and Venezuela, and a decision by global oil producers to keep output levels unchanged in the first three months of 2026.
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Original News Source Link – Epoch Times

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