OPEC: JULY 2014
OPEC published Monthly Oil Market Report July 2014.
Oil market highlights
Crude Oil Price Movements
The OPEC Reference Basket increased by $2.45 in June to reach $107.89/b. Nymex WTI gained $3.35 to $105.15/b and ICE Brent added $2.73 to $111.97/b. Speculator net long positions on ICE Brent hit a record high on turmoil in Iraq. The Brent/WTI spread…
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