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Oil rises on geopolitical worries

Possibility of Iran sanctions and problems with Venezuela's PDVSA add to investor woes

Oil price: Brent crude futures jumped $1.30, or 1.7%, to settle at $76.17 a barrel
Oil price: Brent crude futures jumped $1.30, or 1.7%, to settle at $76.17 a barrel
  • Reuters
AmericasPDVSAUnited StatesWest Texas IntermediateConocoPhillips
Published 7 May 2018, 22:01Updated 7 May 2018, 22:01