Crude oil futures rise as OPEC+ rolls over production cuts, stronger US dollar slows rally

Crude oil futures rise as OPEC+ rolls over production cuts, stronger US dollar slows rally
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05.03.2021

MOSCOW (MRC) -- Crude oil futures rose during mid-morning trade in Asia March 5, even as a stronger US dollar slowed the rally triggered by the OPEC+ decision to keep production quotas largely steady in April, reported S&P Global.At 11:14 am Singapore time (0314 GMT), the ICE Brent May contract was up by 68 cents/b (1.01%) from the March 4 settle to USD67.42/b, while the April NYMEX ligh

Full article at mrcplast.com

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