Oil gains as market assesses protests in Iran, dealmaking for Venezuela [Yahoo! Finance Canada]
Chevron Corporation (CVX)
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Source: Yahoo! Finance Canada
Brent futures were up 50 ?cents, or 0.8%, to $62.49 per barrel at 1359 GMT, while U.S. West Texas Intermediate (WTI) crude ?was up 51 cents, or 0.9%, to $58.27. Both benchmarks climbed more than 3% on Thursday, following two straight days of declines. For ?the week, Brent is on track to climb 3%, while WTI has gained 1.8%. "Iran protests seem to be gathering momentum, leading the market to worry about disruptions," said Ole Hansen, head of commodity analysis at Saxo Bank. Civil unrest in major Middle Eastern producer Iran and concerns about the spread of the Russia-Ukraine war ?to Russian oil exports have increased ?supply worries. Meanwhile, the White House is set to meet with oil companies and trading houses on Friday to discuss Venezuelan export deals. Trump has demanded that Venezuela give ?the U.S. full access to its oil sector just days after capturing the country's president Nicolas Maduro on Saturday. U.S. officials have said Washington will control the country's oi
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