WTI, Brent Crude Oil Futures Turn Up. About a Dozen Loaded Oil Tankers Left Venezuela in Dark Mode, Tankertrackers.com Says

Reuters01-05

(Reuters) - About a dozen tankers loaded with Venezuelan crude and fuel departed in recent days from the country's waters in dark mode, breaking a strict blockade imposed by the U.S. amid intense pressure that mounted until the capture of deposed President Nicolas Maduro, monitoring service TankerTrackers.com said.

All the vessels identified as departed are under U.S. sanctions. A separate group of ships, also under sanctions, left the country in recent days empty after discharging imports or completing domestic transportation trips.

Brent crude futures were up 6 cents, or 0.1% to $60.81 a barrel, after an initial decline of over 1%; while U.S. West Texas Intermediate crude futures were up 0.14% to $57.4 a barrel.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • beil
    01-05
    beil
    Those thieves already start stealing. Sighh no decency left
  • Woomera
    01-05
    Woomera
    Nice way to swing a market load sell on the futures and then get an absolute nutter and his henchmen to bomb a refinery and storage complex in another country.  What will the corporates dream up for Trumps next big piece of grandstanding? 
Leave a comment
2
1