Oil hits 2019 highs amid OPEC-led supply cuts, U.S. sanctions on Iran, Venezuela vanguardngr.com vanguardnews
International Brent crude oil futures hit a November 2018 high of 68.64 dollars per barrel around at 0453 GMT on Thursday, up 14 cents, or 0.2 per cent from their last close.
Crude prices have been pushed up by almost a third since the start of 2019 by supply cuts led by the Organization of the Petroleum Exporting Countries , as well as by sanctions enacted against Iran and Venezuela by the United States.
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