From Financial Modeling Prep: 2025-03-25 02:14:00

Oil prices held steady amidst U.S. tariffs on Venezuelan oil imports, with Brent at $73.01 and WTI at $69.10 per barrel. Concerns over economic impact and supply restrictions from Venezuelan and Iranian sanctions keep WTI around $70. Chevron’s extended Venezuela operations deadline may tighten supply by 200,000 barrels per day.

Global trade tensions continue to weigh on oil prices, adding to uncertainty in the market. Despite these challenges, oil prices remain stable. Investors can monitor trends and assess impacts using the Commodities API for real-time data on oil prices and the Technical (StdDev) API to evaluate market volatility and momentum.



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