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Oil is rising due to tensions in Venezuela

Oil prices rose on Thursday due to tensions in Venezuela and the decline in the outlook for the global economy.

About 3:00 GMT in Brent North Sea, mainly for last March delivery, was $ 62.15 at the Intercontinental Exchange (ICE) in London, 50 cent more than on Wednesday at the end.

At the New York Stock Exchange (Nymex), the barrel of "light sweet raw materials" (WTI) reached 88 cents on the same delivery day, or $ 55.11, the highest level in two months.

US sanctions announced Monday against the national oil company PDVSA are the source of investor concerns about the crude offer.

"In addition to the Venezuelan crisis, there is an increase under pressure from US reserves," Commerzbank analysts said.

In the week ending 25 January, commercial oil stocks grew by 900,000 barrels to 445.9 million barrels, a slight increase of 3.15 million barrels expected by analysts who have requested Bloomberg.

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