Energy industry stocks and oil prices are rising after the U.S. seized Venezuelan President Nicolás Maduro and his wife in a military operation on Saturday. In Wall Street trading on Monday, shares in Chevron — the only U.

Oil and gasoline prices could rise slightly due to Venezuelan export losses and geopolitical uncertainty, though pump prices remain at COVID-19 lows.

Oil prices climbed as escalating geopolitical risks - from U.S. tanker seizures to unrest in Iran, Iraqi nationalization moves, and a Black Sea drone attack - heightened fears of a major supply disruption.

Oil prices opened the first trading session of 2026 slightly higher, supported by geopolitical tensions and new U.S. sanctions on Venezuela, despite lingering oversupply and weak demand growth.

NEW YORK (Reuters) -Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S. tariffs and possible further sanctions on Russia were also in focus. Brent crude futures settled up $1.72, or 2 ...

"The physical global oil market situation remains the same. Oil prices have declined due to an oversupplied global oil market."

Oil prices rose more than 1% on Wednesday after President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand.

NEW YORK, Dec 17 (Reuters) - Oil prices rallied by more than 1% on ‌Wednesday after U.S. President Donald Trump ordered a blockade ‌of all oil tankers under sanctions entering and leaving Venezuela, raising global political tensions and easing ...

(RTTNews) - Crude oil rebounded to post sharp gains on Monday as the likelihood of the U.S. getting involved in the ongoing Russia-Ukraine war triggered fresh concerns of military escalation as well as new sanction threats on Russian oil exports.

0726 GMT – European oil-and-gas companies were amongst the largest gainers in opening trade in Europe. The rise came as Brent crude rose 1.8% to $66.66 a barrel despite the Organization of the Petroleum Exporting Countries and its allies agreeing to ...

Millions of barrels of Venezuelan oil that couldn't previously be sold because of US sanctions will begin arriving 'very soon,' the White House said.