|10/11/2017 - Crude Oil Price Movements|
The OPEC Reference Basket rose to $53.44/b in September, its highest value since July 2015. Crude futures prices also saw gains, with ICE Brent averaging above t...
|10/11/2017 - The OPEC Reference Basket (ORB) increased by about 8% for the third consecutive month in September
to reach $53.44/b, its highest value since July 2015.The ORB also ended 3Q17 higher at about $50/b, ...|
|10/10/2017 - Oil futures rose further in August, with ICE Brent gaining 5.5% and averaging above the $50/b mark, supported greatly by a decline in US crude oil stockpiles, somewhat lower supplies and healthy refin...|
|9/28/2017 - The ORB moved higher for the second consecutive month, up by nearly 6%, the highest monthly percentage gain for the year. Global crude oil prices improved as OPEC and non-OPEC countries continued to c...|
|9/12/2017 - Crude Oil Price Movements |
The OPEC Reference Basket rose for the second-consecutive month in August to average $49.60/b, representing a gain of $2.67/b or 6%. Year-to-date, the Basket wa...
|9/12/2017 - The OPEC Reference Basket (ORB) moved higher for the second consecutive month to $49.60/b in August,
up about 6%, the highest monthly percentage gain for the year. Global crude oil prices improved on...|
|8/28/2017 - The ORB recovered on bullish market fundamentals in July after two consecutive months of sharp declines. It was up almost 4% m-o-m but y-t-d was slightly below $50/b y-t-d, for the first time this yea...|
|8/10/2017 - Crude Oil Price Movements |
The OPEC Reference Basket averaged $46.93/b in July, representing a gain of about 4% m-o-m. Y-t-d, the Basket was almost 34% higher at $49.75/b. Oil futures in N...
|8/10/2017 - The OPEC Reference Basket (ORB) recovered in July to $46.93/b, up almost 4% on bullish market fundamentals after two consecutive months of sharp declines. The oil complex rebounded on receding fears o...|
|8/8/2017 - Oil futures in New York and London tumbled in June to become bearish, with ICE Brent settling below the $50/b mark for the first time this year on concerns that rising global supply will counter outpu...|
|7/12/2017 - Crude Oil Price Movements |
The OPEC Reference Basket declined 8.1% in June to $45.21/b. Year-to-date, the ORB value was 38.3% higher at $50.21/b. Crude futures tumbled in a bear market. IC...
|7/12/2017 - The OPEC Reference Basket (ORB) declined in June to $45.21/b, down more than 8% to its lowest value for the year. The oil market witnessed a sell-off amid significant bearish sentiment ignited by exce...|
|7/6/2017 - Oil futures on both sides of the Atlantic tumbled more than 4.5% m-o-m to their lowest value since November 2016. This was due to plentiful supplies, especially in the US where output continued its up...|
|6/13/2017 - Crude Oil Price Movements|
The OPEC Reference Basket fell 4.2% in May to average $49.20/b. Crude futures prices tumbled as supply continue to be plentiful with US output continuing its upw...
|6/13/2017 - The OPEC Reference Basket (ORB) averaged $49.20/b in May, down more than 4% from April to sit at its
lowest value for the year. The oil market was range bound and bearish for most of the month, despi...|
|6/7/2017 - Oil futures on both sides of the Atlantic recovered, m-o-m, but their upward potential is still limited by a resurgence of shale and other oil output. Pressure continues to come from a bearish unbalan...|
|5/28/2017 - The ORB ended the month slightly more than 2% higher on a monthly average basis, supported by a shortlived oil complex rally earlier in the month on increasing expectations that OPEC and non-OPEC volu...|
|5/11/2017 - Crude Oil Price Movements|
The OPEC Reference Basket rose 2.0% in April to average $51.34/b. Crude oil futures recovered on the high conformity by OPEC and non-OPEC with voluntary producti...
|5/11/2017 - The OPEC Reference Basket (ORB) rebounded more than 2% in April to a monthly average of $51.34/b.
Most of the uplift occurred earlier in the month on increasing expectations that voluntary OPEC and
|4/26/2017 - For the first time this year, oil futures on both sides of the Atlantic were down m-o-m, but were up sharply for the quarter and the year. Both fell to their lowest monthly value since November 2016. ...|