CommoPlast

Oil prices edged higher on OPEC+ output cut expectations

Oil prices edged higher on OPEC+ output cut expectations



International benchmarks for crude oil edged slightly higher on Monday, 29 March 2021 as investors expect OPEC+ to maintain the current output cuts for the month of May and June.

Brent gained 41 cents, or 0.63% to $64.98/barrel.

WTI increased 59 cents, or 0.96% to $61.56/barrel.