Oil At 5-Month Highs Amid OPEC-led Supply Cuts, US Sanctions - Dollar Advisory | Best Commodity Tips Provider

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Monday 8 April 2019

Oil At 5-Month Highs Amid OPEC-led Supply Cuts, US Sanctions


Oil prices rose to their highest level since November 2018 on April 8, driven up by OPEC's ongoing supply cuts, US sanctions against Iran and Venezuela and strong US jobs data. International benchmark Brent futures were at $70.72 per barrel at 0225 GMT on April 8, up 38 cents, or 0.5 percent from their last close.
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