OPEC Expects Lower Oil Demand Growth in 2026

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OPEC Expects Lower Oil Demand Growth in 2026

Crude Oil Price Movements In June, the OPEC Reference Basket (ORB) value dropped by $24.80/b, m-o-m, to average $89.75/b. The ICE Brent front-month contract fell in June by $19.28/b, m-o-m, to average $84.43/b, while the NYMEX WTI front-month contract declined by $16.72/b, m-o-m, to average $81.79/»»»

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