23MAR2018 - NEWS - Both Brent crude futures and West Texas Intermediate (WTI) crude futures rose by around one percent on Friday

On Friday the oil prices shown a rising trend supported by the OPEC and Non OPEC members led supply cuts which may get extended till 2019. Both Brent Crude futures and West Texas Intermediate (WTI) futures were up by around 1% from their previous settlement values. Brent crude and the West Texas Intermediate (WTI) crude are the classifications of the crude oil that serves as the benchmark for oil pricing globally.