Oil hovers near 2019 highs amid OPEC cuts | Reuters:
Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy.
U.S. West Texas Intermediate (WTI) crude oil futures were at $57.14 a barrel at 0955 GMT, 2 cents below their last settlement, and close to a 2019 high of $57.55 reached the previous day.
Brent crude futures eased by 14 cents, or 0.2 percent, to $66.94 after touching a 2019 peak on Wednesday at $67.38.
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