02FEB2018 - NEWS - OPEC supply cut and weaker US Dollar may raise Crude Oil Futures

On the last day of previous month (31 Jan 2018) rise in future contracts for March delivery was noticed in both Brent and WTI (Crude Futures). OPEC led prouduction / supply cut along with the lowest values of US Dollar (UUP) supported price rise and they are expected to support the increase in oil prices during this week.