Oil prices

Oil prices rise on 12 December 2025 as Venezuelan supply concerns intensify

Oil prices climbed on 12 December 2025 as traders reacted to escalating tensions between the United States and Venezuela. The gains reflected growing concerns that political and legal actions could disrupt crude exports from Venezuela, one of the world’s major oil producers. At the same time, the wider market remains cautious due to mixed global supply and demand signals. On this key trading day, Brent crude, the global oil benchmark, and U.S. West Texas Intermediate saw noticeable upward movement even as weekly performance stayed under pressure.

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