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Oil hits highest since November amid OPEC cuts, US sanctions

Updated : April 08, 2019 10:32 AM IST

International benchmark Brent futures were at $70.65 per barrel at 0441 GMT on Monday, up 31 cents, or 0.4 percent from their last close.
US West Texas Intermediate (WTI) crude were up 31 cents, or 0.5 percent, at $63.39 per barrel.
Oil prices have also been driven up by US sanctions against OPEC-members Iran and Venezuela.

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