Oil price hit a 2019 high above 69 dollars a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may reduce.
source https://www.vanguardngr.com/2019/04/oil-price-hits-2019-high-opec-cuts-concerns-over-demand-ease/
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