{"id":2030,"date":"2025-12-01T04:21:20","date_gmt":"2025-12-01T04:21:20","guid":{"rendered":"https:\/\/asianforexhub.com\/?p=2030"},"modified":"2025-12-01T05:07:05","modified_gmt":"2025-12-01T05:07:05","slug":"oil-prices-rise-after-opec-reaffirms-production-pause-venezuela-risks-unsettle-market","status":"publish","type":"post","link":"https:\/\/asianforexhub.com\/vi\/oil-prices-rise-after-opec-reaffirms-production-pause-venezuela-risks-unsettle-market\/","title":{"rendered":"Oil Prices Rise After OPEC+ Reaffirms Production Pause, Venezuela Risks Unsettle Market"},"content":{"rendered":"<p>Oil prices climbed as much as 1.5% on Monday after OPEC+ reaffirmed its plan to pause production increases in the first quarter of next year, while rising geopolitical tensions involving Venezuela added new uncertainty to the supply outlook.<\/p>\n\n\n\n<p>Brent crude later pared gains but remained up 0.98% at $62.99 a barrel by 0052 GMT. U.S. West Texas Intermediate traded at $59.12, up 0.99%.<\/p>\n\n\n\n<p>OPEC+ first agreed to pause output hikes in early November amid concerns that expanding supply risked deepening a looming global glut. Following Sunday\u2019s meeting, the group emphasized the need for \u201cfull flexibility\u201d to continue pausing or reverse voluntary production adjustments if market conditions weaken.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-02d432acd4c0ef22621f2d3e6a9b586d\"><a href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" data-type=\"link\" data-id=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\"><strong>Monitor global crude supply risks and OPEC+ policy shifts with our real-time oil dashboard.<\/strong><\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Commonwealth Bank analyst Vivek Dhar said the outcome was widely anticipated, given the alliance\u2019s earlier decision and ongoing fears of oversupply.<\/p>\n\n\n\n<p>Fresh uncertainty emerged after U.S. President Donald Trump signaled the possibility of closing Venezuelan airspace \u2014 a move that could disrupt the operations of the major South American producer. ING analysts noted that rising supply risks tied to Venezuela were providing additional support to crude prices.<\/p>\n\n\n\n<p>Trump said he had spoken with Venezuelan President Nicolas Maduro but declined to offer details, adding, \u201cDon\u2019t read anything into it,\u201d when asked about the implications.<\/p>\n\n\n\n<p>In Europe, geopolitical risks resurfaced as uncertainty surrounding the Russia\u2013Ukraine peace outlook reversed the market\u2019s prior bearish sentiment. Ukrainian forces claimed strikes on a Russian oil refinery and the Beriev aviation plant in the Rostov region. In a separate incident, Ukrainian naval drones hit two sanctioned tankers headed to a Russian Black Sea port for oil loading.<\/p>\n\n\n\n<p>U.S. and Ukrainian officials held discussions in Florida on Sunday, with U.S. Secretary of State Marco Rubio describing the talks as \u201cvery productive,\u201d though he stressed that more work is needed to resolve the conflict now entering its third year.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-752368cc wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-1024x127.png ,https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-scaled.png 780w, https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-scaled.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-1024x127.png\" alt=\"728x90\" class=\"uag-image-968\" width=\"1024\" height=\"127\" title=\"728x90\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>AsianForexHub Quick View<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Brent up 0.98% at $62.99; WTI up 0.99% at $59.12<\/li>\n\n\n\n<li>OPEC+ maintains Q1 2026 output pause amid glut concerns<\/li>\n\n\n\n<li>U.S.\u2013Venezuela tensions add new supply risks<\/li>\n\n\n\n<li>Russia\u2013Ukraine strikes revive geopolitical volatility in oil markets<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-a4a4ccd5b93b8032b14132bfe84e2984\"><a href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" data-type=\"link\" data-id=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\">Follow Asian Forex Hub for fast, clear market coverage &amp; daily trading insights.<\/a><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Oil prices rise after OPEC+ reaffirms its production pause for early 2026 as geopolitical risks from Venezuela and Russia add fresh supply uncertainty.<\/p>","protected":false},"author":1,"featured_media":2031,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[17,16,7],"tags":[],"class_list":["post-2030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","category-market-news","category-news-analysis"],"uagb_featured_image_src":{"full":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries.avif",640,427,false],"thumbnail":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries-150x150.avif",150,150,true],"medium":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries-300x200.avif",300,200,true],"medium_large":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries.avif",640,427,false],"large":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries.avif",640,427,false],"1536x1536":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries.avif",640,427,false],"2048x2048":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries.avif",640,427,false],"trp-custom-language-flag":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Oil-rises-on-OPEC-output-plan-Venezuela-worries.avif",18,12,false]},"uagb_author_info":{"display_name":"Asian Forex Hub Newsdesk","author_link":"https:\/\/asianforexhub.com\/vi\/author\/boyidzhamgmail-com\/"},"uagb_comment_info":0,"uagb_excerpt":"Oil prices rise after OPEC+ reaffirms its production pause for early 2026 as geopolitical risks from Venezuela and Russia add fresh supply uncertainty.","_links":{"self":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts\/2030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/comments?post=2030"}],"version-history":[{"count":2,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts\/2030\/revisions"}],"predecessor-version":[{"id":2036,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts\/2030\/revisions\/2036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/media\/2031"}],"wp:attachment":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/media?parent=2030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/categories?post=2030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/tags?post=2030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}