OPEC: OIL DEMAND IS GROWING
Oil market highlights
Crude Oil Price Movements
The OPEC Reference Basket averaged $59.46/b in December, following a decline of $16.11 or 21%. In annual terms, the Basket averaged $96.29/b in 2014, representing a decline of $9.58 from the previous year. ICE Brent in December plunged $16.36 to stand at $63.27/b, averaging $99.45/b for the year. Nymex WTI lost $16.52 to stand at $59.29/b in
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