Algiers, December 26, 2025 – Oil prices experienced a slight increase today as the United States intensified economic pressure on Venezuelan oil shipments and conducted airstrikes against suspected ISIS militants in northwestern Nigeria.
At approximately 10:00 AM Algerian time, West Texas Intermediate (WTI) crude futures rose by 0.51%, reaching $58.65 per barrel. Brent crude futures also saw an increase, climbing 0.39% to $62.48 per barrel.
The price uptick reflects growing concerns about potential disruptions to the global oil supply. The U.S. government’s actions targeting Venezuela, a significant oil producer, have raised questions about the stability of its exports. Simultaneously, the military action in Nigeria, aimed at combating terrorist activity, introduces a level of uncertainty to the region’s oil production and transportation routes.
Analysts suggest that while the price increase is moderate, the underlying geopolitical factors could lead to further volatility in the oil market. The situation in Venezuela remains tense, with the potential for further sanctions or disruptions. The security situation in Nigeria also bears close monitoring, as any escalation could impact oil flows from the region.
The market is also closely watching for any potential responses from OPEC+ nations. Any decisions regarding production quotas could have a significant impact on global oil prices in the coming weeks. Traders are advised to remain vigilant as these geopolitical events unfold and their potential effects on the energy sector become clearer.
