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US crude futures retreat from brief 2019 high

U.S. crude futures briefly hit a 2019 high on Friday but later retreated along with benchmark Brent oil as worries about the global economy and robust U.S. production put a brake on prices.
 
West Texas Intermediate (WTI) crude oil futures were down 48 cents at $58.13 per barrel, having hit their highest so far this year at $58.95.
 
Brent crude futures were at $66.51 per barrel, down 72 cents from their last settlement, and below their 2019 peak of $68.14 reached on Thursday.


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