How The U.S. Has Influenced Oil Prices This Week ...Middle East

Oil markets have been heavily influenced by the U.S. this week, first by news it was lifting sanctions on Venezuela, then by reports it would be refilling its SPR, and then early on Friday morning by news that a U.S. warship had intercepted missiles fired from Yemen. Volatility remains high in oil markets and both WTI and Brent are headed for another weekly gain.Friday, October 20th, 2023The US government has been one of the key oil market players this week, announcing both the easing of Venezuelan sanctions and a potential US SPR…

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