Oil Market Highlights Crude Oil Price Movements In April, the OPEC Reference Basket (ORB) value rose by $4.90, or 5.8%, m-o-m, to average $89.12/b. Oil futures prices averaged higher, with the ICE Brent front-month contract increasing by $4.33, or 5.1%, m-o-m to average $89.00/b, and the NYMEX WTI front-month contract rising by $3.98, or 4.9%, ...
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