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Oil rises due to tensions in Venezuela



Oil prices rose Thursday due to tensions in Venezuela despite a downward look for the world economy.

At about 3:00 am in the afternoon, North Korea for delivery in March, quoted on the last day, was worth $ 62.15 at the Intercontinental Exchange (ICE) in London, 50 cents more than on Wednesday at the end.

On the New York Stock Exchange (Nymex), the barrel "light sweet crude" (WTI) for the same delivery date received 88 cents, to 55.11 dollars, the highest level in two months.

US sanctions released Monday against the national oil company PDVSA are fueling investors' concerns about the harsh supply.

"In addition to the Venezuelan crisis, growth has been fueled by data on US reserves," analysts at Commerzbank added.

On Sunday, January 25, commercial oil reserves increased by 900,000 barrels to 445.9 million barrels, a lower 3.15 million barrels than analysts demanded by Bloomberg.


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