Oil fell nearly 1% on Thursday, but held near 2019 highs, supported by a tightening of global stocks, Opec production cuts and US sanctions on key producers Iran and Venezuela (related). In London, Brent crude futures fell 64c to settle at $67.86 per barrel. In New York, Nymex West Texas Intermediate (WTI) fell 25c to $59.98/bbl after hitting an intraday high of $60.33/bbl, its highest since Nov. 12.
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