Oil prices fell after US President Trump said that Venezuela would hand over up to 50 million barrels of sanctioned oil to the US. Affected by this, the exchange rate of the Canadian dollar against the US dollar hit a four-week low, and the Norwegian krone also weakened. Trump said the oil will be sold at market price, and he will control this money to ensure that it benefits the US and Venezuela. Prior to that, there was a military operation over the weekend aimed at overthrowing Venezuelan President Nicolás Maduro. Brent crude fell 1.1% to $60 a barrel. The dollar rose 0.1% against the Canadian dollar, hitting a high of 1.3826 Canadian dollars, according to the London Stock Exchange Group. The dollar rose 0.4% against NOK to NOK 10.0823.

Zhitongcaijing · 4d ago
Oil prices fell after US President Trump said that Venezuela would hand over up to 50 million barrels of sanctioned oil to the US. Affected by this, the exchange rate of the Canadian dollar against the US dollar hit a four-week low, and the Norwegian krone also weakened. Trump said the oil will be sold at market price, and he will control this money to ensure that it benefits the US and Venezuela. Prior to that, there was a military operation over the weekend aimed at overthrowing Venezuelan President Nicolás Maduro. Brent crude fell 1.1% to $60 a barrel. The dollar rose 0.1% against the Canadian dollar, hitting a high of 1.3826 Canadian dollars, according to the London Stock Exchange Group. The dollar rose 0.4% against NOK to NOK 10.0823.