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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.

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