Commodities Oil set for strongest quarter in a decade on OPEC cuts, sanctions Updated : March 29, 2019 12:37 PM IST US West Texas Intermediate (WTI) futures were at $59.68 per barrel at 0559 GMT, up 38 cents, or 0.6 percent, from their last settlement. Brent crude oil futures were up 34 cents, or 0.5 percent, at $68.16 per barrel. OPEC's de-facto leader Saudi Arabia favours cuts for the full year while Russia, which only reluctantly joined the agreement, is seen to be less keen to keep holding back beyond September. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.