Oil up amid US sanctions on Venezuela

Brent crude benchmark reached a weekly gain of around 1.9%

Oil price: Brent crude oil futures rose $1.91 a barrel, or 3.14%, to settle at $62.75 a barrel — Oil price: Brent crude oil futures rose $1.91 a barrel, or 3.14%, to settle at $62.75 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 1 February 2019, 23:34Updated 1 February 2019, 23:34

Production Venezuela West Texas Intermediate US Treasury Department Lipow Oil Associates