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  LONDON:Oil h adidas originals retropy it a two-month high close to $64 a barrel on Monday as OPEC-led supply cuts and US sanctions against Venezuela's petroleum industry offset forecasts of weaker demand and an economic slowdown.The Organisation of the Petroleum Exporting Countries (OPEC) and its allies began a new round of supply cuts in January. These curbs, led by Saudi Arabia, have new balance 500  been compounded by involuntary losses that the Venezuelan sanctions could deepen dunk purple .Brent crude, the global benchmark, hit $63.63 a barrel, the highest since December 7, and was up $0.66 at $63.41 as of 1040 GMT.Oil prices flat on US-China trade talks uncertaintyUS crude hit a 2019 high of $55.75 and was later up $0.33 at $55.59. You have the sanctions on Venezuela, on top of reduced supply from Saudi Arabia,  said Olivier Jakob, oil analyst at Petromatrix.  There's no sign of overhang in the crude oil markets. OPEC supply fell in January by the largest amount in two years, a Reuters survey last week found. That offset limited compl Ucly Venezuela president says UN human rights chief welcome to visit
 NEW DELHI:Chinese smartphone maker OPPO suspended operations at a rec nike air max270 ently re-opened plant in India after workers tested positive for the coronavirus, an official said on Monday, underlining the challenges of easing a near two-month nationwide lockdown.The factory, located on the outskirts of capital New Delhi, had received government permission to  adidas spezial rosa resume production, the company said on May 7, as part of a gradual relaxation of the shutdown that began on March 25.OPPO had said it would resume manufacturing with 30% of its workforce, but a district official said that when the company tested its workers prior to production restarting, half a dozen people were positive for Covid-19, the disease caused by the coronavirus. Reports came of about six positive cases,  Deep Chandra, senior official at the Greater Noida Industrial Development Authority, which oversees the area where the plant is based, told Reuters in brie grey air max f comments.China-Pakistan Trade Hotline: Chinese experts join hands with P