Home Business Oil prices rise amid OPEC's ongoing supply cuts, U.S. sanctions Business Oil prices rise amid OPEC's ongoing supply cuts, U.S. sanctions By Genpie - March 29, 2019 132 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices rose on Friday, pushed up by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, which have given crude markets the biggest first quarter price push since 2009.