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