Saturday, February 7, 2026
Oil prices slip lower; U.S. seizure of Venezuelan tanker, IEA forecasts in focus- oil and gas 360

Oil prices slip lower; U.S. seizure of Venezuelan tanker, IEA forecasts in focus

(Investing) – Oil prices fell Thursday, handing back some of the previous session’s gains after the United States’ seizure of a sanctioned oil tanker off the coast of Venezuela triggered fresh fears about supply disruptions, while investors digested new forecasts from the International Energy Agency. At 08:00 ET (13:00 GMT), Brent Oil Futures expiring in February fell 1.1% to $61.53 per barrel and