OPEC’s reference basket grows by nine percent in February

OpeOluwani Akintayo Lagos — The OPEC Reference Basket, ORB, rose firmly in February for the second consecutive month, improving by about 9%, or $5.09, m-o-m to average $63.83/b, according to data from the group’s March Monthly Oil Market Report, MOMR. The growth, OPEC said was a result of strong crude oil demand for March loading […] More »