Brent Crude broke $67/bbl for the first time in 2019 last month, reaching a high of $67.80/bbl due to OPEC production cuts and optimism over a Sino-US trade deal.
GBP reached its highest rate for almost 2 years in late February, touching 1.335 vs USD following Theresa May’s call for a Brexit extension vote on 12th March.
The situation in Venezuela continued to worsen in February, with border violence breaking out due to Maduro’s refusal to allow humanitarian aid into the country.