Crude futures strengthen as OPEC cuts forecast

摘要

New York-Crude futures continued rising Mon- day, closing higher after OPEC said it expected global supply growth to slow in 2015 as oil companies reduce spending and drill less. NYMEX March crude led the way, as the futures contract settled $1.17 firmer at $52.86/barrel. ICE March Brent closed 54 cents higher at $58.34/b.