NEW YORK – Oil prices rose on Jan. 24, boosted by the U.S. threat of sanctions on OPEC member Venezuela, but gains were limited by U.S. data showing record high gasoline inventories and an unexpected big build in crude.
Reuters: Oil edges higher on Venezuela turmoil
An employee pumps fuel at a gas station in Caracas, on Sept. 20, 2018 as Venezuela tests the new gas payment system nationwide.