Oil prices hit 2019 highs as sanctions against Venezuela, OPEC cuts bite

04 February 2019, Singapore — Oil prices rose to their highest so far this year on Monday as OPEC-led supply cuts and U.S. sanctions against Venezuela’s petroleum industry tightened markets. International Brent crude oil futures climbed to a 2019 high of $63.37 per barrel around 0800 GMT after already rising by 3 percent the previous … More »