Why oil prices are rising today: Brent crude near $62 as Venezuela and Middle East tensions keep markets on edge
Oil prices today: Oil prices saw a slight uptick as geopolitical shifts in Venezuela and the Middle East kept traders watchful. Despite these developments, a global supply surplus continues to temper significant price increases. Experts remain skeptical that current events will lead to a sustained oil price surge, with Venezuela's diminished role in production further contributing to market dynamics.