Global oil markets are set to post their best returns in a decade after OPEC led cuts and continued sanctions boost prices.
West Texas Intermediate (WTI) is set to post its best return since 2009, says Bloomberg, despite recent contributions from US President Trump regarding prices.
Expectations that a trade deal between the US and China have also aided prices, with WTI futures set to rise for a fourth consecutive week, according to Reuters. Similarly, US sanctions on Iran and Venezuela have cut their supply from global markets aiding prices.
