Monday, December 22, 2025

Oil price gains after US interception of Venezuelan oil tanker over weekend

US WTI rises 34 cents, or 0.6%, at $56.86 per barrel

BEIJING: Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted a Venezuelan oil tanker over the weekend.

The U.S. is also pursuing another tanker, officials told Reuters on Sunday, in what would be the third such operation in less than two weeks if it succeeds.

U.S. West Texas Intermediate crude was up 34 cents, or 0.6%, at $56.86 per barrel as of GMT 2323.

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