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OPEC Cuts Oil Demand Growth for 2024 and 2025

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Oil Market Highlights Crude Oil Price Movements In October, the OPEC Reference Basket (ORB) value increased by 86¢, or 1.2%, m-o-m, to average $74.45/b. The ICE Brent front-month contract increased by $2.51, or 3.4%, m-o-m, to average $75.38/b. The NYMEX WTI front-month contract increased by $2.19, or 3.2%, m-o-m, to average $71.56/b. The GME Oman ...

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