Oil prices rose to their highest levels in 2019 on Tuesday in light of strong Chinese economic data and the possibility of imposing new sanctions on Iran and the interruption of Venezuelan supplies.

According to Reuters, global benchmark Brent crude rose 32 cents, or 0.5 percent, to $ 69.33 a barrel, after touching the level of $ 69.50, the highest level since mid-November. November.

US West Texas Intermediate crude futures rose 30 cents, or 0.5 percent, to $ 61.89 a barrel, after surpassing the $ 62 mark for the first time since early November. .

The Chinese manufacturing sector returned to unexpected growth in March for the first time in four months.

Manufacturing data in the United States also came in better than expected in March, helping investors bypass February's weak retail sales data.

A senior administration official told reporters on Monday that Washington was considering imposing additional sanctions on new sectors of the Iranian economy.

The official also indicated that the United States may not extend exemptions from the sanctions imposed on Iranian oil exports.

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OPEC production in March falls to its lowest level in four years