03 Aug 2026

23:48

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Home Blog Oil Prices Under Pressure Despite Trump’s Venezuela Threats

Oil Prices Under Pressure Despite Trump’s Venezuela Threats

codarx

codarx

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Update date: 2025/11/07

Oil market sentiment is decidedly bearish at the moment, but Trump’s threats around Venezuela mean there is plenty of potential for volatility in the near future.Friday, October 24, 2025Tacitly anticipating Trump’s next moves on Venezuela, the oil markets have been trending sideways as ICE Brent continues to hover around $64 per barrel. Barring any upcoming moves in the Caribbean, the sentiment is tilting towards the bearish side. Now that the US government shutdown is actively impacting jet fuel consumption across the country, geopolitical…

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