Oil
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Brent oil futures fell 0.1 percent to $89.89 per barrel
Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel
The contract includes a mandatory and optional extension period of up to 18 months
Brent crude futures for June delivery fell 23 cents, or 0.2 percent, to $90.22 per barrel
Sustained oil output, growing non-oil investments key to healthy economy
Index reveals 2.1 percent annual increase in manufacturing activity
Brent oil futures expiring in June rose by 0.6 percent to reach $90.89 per barrel
Investors await consumer price index data from U.S. and China later this week
The rise in prices is fueled by geopolitical tension and supply concerns
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
