Tuesday, May 22, 2018

Oil prices rise on worries over Venezuelan supply

By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices rose on Tuesday amid worries that Venezuela's crude output could drop further following a disputed presidential election in the country and with potential sanctions on the OPEC-member. Brent crude futures were at $79.37 per barrel at 0110 GMT, up 15 cents, from their last close. Brent broke through $80 for the first time since November 2014 last week.

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