Commodities 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.