Brent Crude Trades at $63.16 per Barrel Amid Geopolitical Risks and OPEC+ Output Decision

lunes, 1 de diciembre de 2025, 11:14 pm ET1 min de lectura

Oil prices remain elevated due to geopolitical risk, particularly after a drone strike damaged the Caspian Pipeline Consortium's Black Sea terminal. Tensions between the US and Venezuela, as well as concerns about a potential conflict, are also contributing to market uncertainty. OPEC+ has maintained its output for Q1 2026, and traders will be watching for further flashpoints in Venezuela and Ukraine.

Brent Crude Trades at $63.16 per Barrel Amid Geopolitical Risks and OPEC+ Output Decision

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