Oil prices rise to $ 70



Oil prices closed on Saturday, rising to their highest level since late January, while Brent crude was above $ 70.
“It requires OPEC members to continue to coordinate with Russia and other non-OPEC producers in terms of supply restraints in 2019 to reduce global oil stocks,” Saudi Energy Minister Khalid al-Faleh said in a press statement.
Brent crude futures closed at $ 1.45, or 2.10 percent, to settle at $ 70.36 a barrel, while US WTI crude futures closed at $ 65.81 a barrel, up $ 1.51, or 2.35 percent.


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