OIL PRICE: ABOVE $67 ANEW
REUTERS - Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.
Concerns that an economic slowdown might soon impact fuel consumption are preventing crude prices from rising further, analysts said.
Brent crude oil futures were at $67.90 per barrel at 0617 GMT, 4 cents above their last close. Brent hit a four-month high of $68.69 per barrel the day before.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.