Oil hits 2019 high on signs of tighter supply; Brent eyes $70/bbl

New York — Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut. Brent futures reached a session peak at $69.50 a barrel, the highest since Nov. 13. The global benchmark … More »