Oil Prices Firm Amid Venezuela, Ukraine Tensions

Oil prices receive a slight boost as geopolitical tensions escalate in Venezuela and Ukraine, leading to U.S. and EU sanctions on Russian oil. OPEC+ maintains production plans, while U.S. inventories remain low. The rig count increases slightly, keeping prices steady amidst close monitoring of Ukraine and Venezuela.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.