Oil prices were held in check on Tuesday as expectations of an OPEC-led supply cut supported the market but were countered by a deteriorating economic outlook, as well as a surge in U.S. production. U.S. West Texas Intermediate (WTI) crude futures, were at $57.14 per barrel at 0250 GMT, 6 cents below their last settlement. Front-month Brent crude oil futures were at $66.75 a barrel, down 4 cents from their last close. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961Oil prices were held in check on Tuesday as expectations of an OPEC-led supply cut supported the market but were countered by a deteriorating economic outlook, as well as a surge in U.S. production. U.S. West Texas Intermediate (WTI) crude futures, were at $57.14 per barrel at 0250 GMT, 6 cents below their last settlement. Front-month Brent crude oil futures were at $66.75 a barrel, down 4 cents from their last close. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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