homemarket Newscommodities NewsOil holds near 2019 peak as global supplies tighten

Oil holds near 2019 peak as global supplies tighten

Oil holds near 2019 peak as global supplies tighten
Show More
Show More
Profile image

By Reuters Mar 21, 2019 3:37:36 PM IST (Updated)

US West Texas Intermediate (WTI) crude futures were at $60.12 per barrel at 0712 GMT on Thursday, down 11 cents, or 0.2 percent from their last settlement. WTI reached its highest level since November 12 earlier in the day, at $60.33 per barrel.

Oil held near 2019 highs on Thursday, supported by tightening US stocks and declining output from key producers due to OPEC production cuts and US sanctions on Iran and Venezuela.

Live Tv

Loading...

International Brent crude oil futures were up 5 cents at $68.55 a barrel by 0915 GMT, having hit their highest since Nov. 13 at $68.69 earlier in the session.
US West Texas Intermediate (WTI) crude futures were at $60.10 per barrel, down 13 cents. WTI reached its highest since Nov. 12 earlier in the day, at $60.33 per barrel.
View All

Most Read

Market Movers

View All
Top GainersTop Losers
CurrencyCommodities
CompanyPriceChng%Chng