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Oil edges higher on Venezuela turmoil, but weighed by US crude stock build

Updated : January 24, 2019 11:08 PM IST

Brent crude futures rose 14 cents to $61.28 a barrel by 12:12 p.m. EST (1712 GMT). US West Texas Intermediate (WTI) crude futures rose 62 cents to $53.24 a barrel.
Washington signaled it could impose sanctions on Venezuela's crude exports as Caracas descends further into political and economic turmoil.
Oil edges higher on Venezuela turmoil, but weighed by US crude stock build
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