Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market data.

If gas prices were to rise after the Venezuela takeover, it would be Venezuela’s own decision to cut oil production because it can’t export its crude. Reuters reports on the relationship between the US and Venezuela, suggesting there could be a disruption if conditions continue to develop.

New Jersey motorists are seeing the lowest gas prices in years, even against the backdrop of turbulence in Venezuela.

Petróleos de Venezuela said the talks were "within the framework of the commercial relations that exist between both countries."

Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas Maduro.

It’s not going to cost us anything," Rubio said of the Trump Administration's plans to transform Venezuela and sell its oil

The U.S. seized an empty Russian-flagged, Venezuela-linked oil tanker in the Atlantic Ocean on Wednesday as part of President Donald Trump's aggressive push to dictate oil flows in the Americas and force Venezuela's socialist government to become an ally.

Energy bears had one last hope: a Venezuelan production ramp. That’s over and the energy sector has never been cheaper, says Kevin Muir.