Oil Prices: Crude Falls After US Intervention in Venezuela

Yesterday, oil prices were pulled in different directions due to OPEC+'s decision to keep production quotas unchanged, alongside uncertainties regarding Venezuelan oil production following the US's abduction of President Maduro.

Shortly after 7 AM yesterday, the price of Brent crude fell by 0.61% to $60.38 per barrel, while the price of American Light Sweet Crude dropped by 0.69% to $56.93. This comes in the wake of airstrikes and the capture...