Strong adherence supports market

摘要

Strong compliance with the Opec and non-Opec cut agreement and another US crude stockdraw propped up prices. North Sea Dated gains outstripped other benchmark rises. The Atlantic basin marker rose by $3.08/bl to $65.94/bl in the week to 22 February, although this was still more than $2/bl below its outright price at the start of this month. US marker WTI rose by $1.38/bl to $62.72/bl, while Mideast Gulf benchmark Dubai climbed by almost $2.50/bl to just under $63/bl.