Tag: Oil prices hovered around 2019 highs

Oil hovers near 2019 highs amid OPEC cuts

By Parveen Kumar on February 21, 2019 • ( Leave a comment )

LONDON – Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy. U.S. West Texas Intermediate (WTI) crude oil futures were at $57.14 a barrel at 0955 GMT, […]

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