Oil prices held near 2019 highs on Thursday, with OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran offering support.
Global benchmark Brent crude futures eased by 4 cents or 0.1 percent to $67.03 a barrel after hitting a 2019 high on Wednesday at $67.38.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.