Oil set for biggest quarterly rise since 2009 amid OPEC cuts, sanctions | Reuters:
Oil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009.
Brent crude oil futures were up 75 cents at $68.57 a barrel by 1150 GMT, set for a gain of more than 27 percent in the first quarter.
U.S. West Texas Intermediate (WTI) futures were at $60.15 per barrel, up 85 cents, and on track for a rise of more than 32 percent over the January-March period.
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