Oil Heads for Weekly Gain on Venezuela Blockade, Nigeria Strikes

Oil headed for the biggest weekly gain since late October, as traders tracked a partial US blockade of crude shipments from Venezuela and a military strike by Washington against a...

By Charlie Zhu, Sarah Chen · Bloomberg Markets

Oil headed for the biggest weekly gain since late October, as traders tracked a partial US blockade of crude shipments from Venezuela and a military strike by Washington against a terrorist group in Nigeria.