# Oil settles higher after US seizes tanker off Venezuela's coast

> Oil settled higher on December 10 after US officials said they seized an oil tanker off Venezuela's coast. Brent rose 27 cents to $62.21, and US crude stocks fell less than expected, per EIA data.

- Date: 2025-12-10 · published 2025-12-10T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/21666-oil-settles-higher-after-us-seizes-tanker-off-venezuela-s-coast
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Concerns about immediate supply from a tanker seizure support crude prices, which can lift diesel and fertilizer costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-03-20 | [Oil prices settle $1 higher after US issues new Iran-related sanctions](https://feedsoft.ai/events/25757-oil-prices-settle-1-higher-after-us-issues-new-iran-related-sanctions.md) | +3.9% | -6.8% |
| WTI | 2025-12-19 | [Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks \| Reuters](https://feedsoft.ai/events/21665-oil-prices-climb-as-us-blocks-venezuelan-tankers-eyes-on-russia-ukraine-talks.md) | +0.8% | +7.3% |
| WTI | 2025-02-27 | [Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence](https://feedsoft.ai/events/26207-oil-climbs-more-than-2-after-trump-cancels-chevron-s-venezuela-licence.md) | -3.3% | +1.6% |
| WTI | 2019-07-19 | [Crude rises slightly after Iran says it seized UK tanker](https://feedsoft.ai/events/58262-crude-rises-slightly-after-iran-says-it-seized-uk-tanker.md) | +1.4% | -1.2% |
| WTI | 2025-02-24 | [Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+](https://feedsoft.ai/events/26209-oil-settles-higher-on-fresh-iran-sanctions-iraq-commitment-to-opec.md) | -1.0% | -3.1% |
| BRENT | 2025-03-20 | [Oil prices settle $1 higher after US issues new Iran-related sanctions](https://feedsoft.ai/events/25757-oil-prices-settle-1-higher-after-us-issues-new-iran-related-sanctions.md) | +4.0% | -6.3% |
| BRENT | 2025-12-19 | [Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks \| Reuters](https://feedsoft.ai/events/21665-oil-prices-climb-as-us-blocks-venezuelan-tankers-eyes-on-russia-ukraine-talks.md) | +3.1% | +8.7% |
| BRENT | 2025-02-27 | [Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence](https://feedsoft.ai/events/26207-oil-climbs-more-than-2-after-trump-cancels-chevron-s-venezuela-licence.md) | -4.0% | +1.6% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-steady-supply-concerns-cap-gains-market-eyes-ukraine-peace-talks-2025-12-10/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.