Bloomberg | The Oil Trade That Shows Where OPEC's Cuts Are Starting to Bite Bloomberg As OPEC starts to make its production cuts work, the true impact of its actions is perhaps most in evidence in an obscure part of the physical oil market. While Brent futures, a benchmark based on North Sea supply, are trading $4 a barrel higher than ... Oil rises 2 percent amid expected draw in US crude inventories Oil Rises on Declining Stocks, Falling Dollar US crude settles at $53.26, up 1.8%, on expected drop in US stockpiles |