# Crude Prices Rise on Geopolitical Risks in Venezuela

> Crude futures rose on October 31 after reports that the US planned military strikes on Venezuela and after the US and China agreed to extend a tariff truce. Gains were limited by a stronger dollar and weaker Chinese manufacturing PMI data, which fell to 49.0.

- Date: 2025-10-31 · published 2025-10-31T12:00:00.000Z
- Category: geopolitics · region Venezuela · magnitude low
- Page: https://feedsoft.ai/events/22563-crude-prices-rise-on-geopolitical-risks-in-venezuela
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Venezuela supply risk and expected Russian crude declines from sanctions support energy prices, while weak Chinese demand and a strong dollar cap the rally.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-01-29 | [Oil prices rise as US imposes sanctions on Venezuela](https://feedsoft.ai/events/61242-oil-prices-rise-as-us-imposes-sanctions-on-venezuela.md) | +5.2% | +6.8% |
| WTI | 2024-03-25 | [Oil prices rise amid worsening geopolitical outlook and tighter supply \| The National](https://feedsoft.ai/events/31377-oil-prices-rise-amid-worsening-geopolitical-outlook-and-tighter-supply-the.md) | +4.1% | +3.2% |
| WTI | 2022-01-25 | [Oil rises on concerns global political risks could tighten supplies](https://feedsoft.ai/events/43293-oil-rises-on-concerns-global-political-risks-could-tighten-supplies.md) | +5.6% | +9.6% |
| WTI | 2026-01-27 | [Crude Prices Jump to a 3-Month High on Dollar Weakness and Iran Risks](https://feedsoft.ai/events/21231-crude-prices-jump-to-a-3-month-high-on-dollar-weakness-and-iran-risks.md) | +2.1% | +8.4% |
| WTI | 2024-10-03 | [Oil prices turn higher for the year on risks to crude flow in the Middle East - MarketWatch](https://feedsoft.ai/events/10030-oil-prices-turn-higher-for-the-year-on-risks-to-crude-flow-in-the-middle-east.md) | +4.4% | -2.4% |
| DXY | 2022-01-25 | [FX Daily: Geopolitical risk starts to take its toll in FX \| ING THINK](https://feedsoft.ai/events/12225-fx-daily-geopolitical-risk-starts-to-take-its-toll-in-fx-ing-think.md) | +0.3% | -0.4% |
| DXY | 2024-11-20 | [Geopolitical jitters – Corpay Currency Research](https://feedsoft.ai/events/27663-geopolitical-jitters-corpay-currency-research.md) | +0.8% | +1.0% |
| DXY | 2024-01-08 | [ECOPETROL SA \| Emerging Markets: Latam FX down as geopolitical jitters trigger risk-aversion](https://feedsoft.ai/events/32417-ecopetrol-sa-emerging-markets-latam-fx-down-as-geopolitical-jitters-trigger.md) | +0.1% | +1.6% |

## Sources

- barchart.com: https://www.barchart.com/story/news/35829623/crude-prices-rise-on-geopolitical-risks-in-venezuela

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