www.allsides.com
Oil rises as Venezuelan supply disruptions outweigh surplus concerns
Oil prices climbed on Monday as supply disruptions linked to escalating U.S.-Venezuela tensions outweighed oversupply worries and the impact of a potential Russia-Ukraine peace deal.
Brent crude futures were up 30 cents, or 0.49%, at $61.42 a barrel, as of 0725 GMT, and U.S. West Texas Intermediate crude was at $57.72 a barrel, up 28 cents, or 0.49%.