Oil close to four-month highs on OPEC-led output cuts, U.S. stock draw

New York — Oil prices rose to around four-month highs on Monday, aided by the prospect of prolonged OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles. Brent crude futures settled at $67.54 a barrel, rising 38 cents, or 0.6 percent. The international benchmark held near its 2019 peak of $68.14 … More »