Market News

    US crude futures gain on Trump’s Venezuela blockade

    U.S. crude futures opened a dollar higher in Asian trading on Thursday after President Donald Trump placed a blockade on tankers entering and leaving Venezuela and most exports from the country remained on hold.

    The West Texas Intermediate contract was up 98 cents, or 1.75%, at $56.92 per barrel as of 1109 GMT.

    Source : Investing.com