OPEC Monthly Oil Market Report for November 2019
Crude Oil Price Movements
The OPEC Reference Basket (ORB) value declined by $2.45, or 3.9%, month-on-month (m-o-m) in October to settle at $59.91/b. In October, ICE Brent was on average $2.65, or 4.3%, m-o-m lower at $59.63/b, and NYMEX WTI fell m-o-m by $2.96, or 5.2%, to average $54.01/b. Year-to-date (y-t-d), ICE Brent was $9.37,…
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