Oil climbs to five-month high amid OPEC cuts, U.S. sanctions and Libya fighting
Nidhi Verma, Florence Tan - Reuters
April 08, 2019
Who was cited:
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data.