
Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
Reuters NEW YORK/SINGAPORE – Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from big oil producing countries. The price gains in crude oil benchmarks were