Oil hovers below 2019 highs on OPEC cuts, trade talks in focus
Share:
LONDON (Reuters) - Oil stayed within sight of its 2019 high of almost $67 a barrel on Tuesday, supported by OPEC-led supply cuts although concern about slowing economic growth that would curb demand weighed.The supply curbs led by the Organization of the Petroleum Exporting Countries have helped crude prices to rise more than 20 percent this year. U.S. sanctions against OPEC members Iran and Venezuela have also tightened the market.Brent crude slipped 28 cents to $66.22 a barrel by 1011 GMT, not..