OPEC cuts 2026 oil demand growth forecast for fifth month

Crude Oil Price Movements
In August, the OPEC Reference Basket (ORB) value increased by $3.45/b, m-o-m, to average $86.44/b. The ICE Brent front-month contract increased by $4.11/b, m-o-m, to average $88.08/b, and the NYMEX WTI front-month
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