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Oil set for best quarterly rise since 2009 on OPEC cuts, sanctions

Updated : March 29, 2019 10:45 PM IST

The May Brent crude oil futures contract, which expires Friday, gained 48 cents to $68.30 a barrel by 10:40 a.m. EDT (1440 GMT), set for a gain of 27 percent in the first quarter. The more-active June contract was up 35 cents at $67.45 a barrel.
US West Texas Intermediate (WTI) futures rose 63 cents to $59.93 a barrel, and were on track for a rise of 32 percent over the January-March period.
Oil set for best quarterly rise since 2009 on OPEC cuts, sanctions

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