OPEC cuts 2025 global oil demand growth forecast
In March, the OPEC Reference Basket (ORB) value declined by $2.81, or 3.7%, m-o-m, to average $74.00/b. The ICE Brent front-month contract fell by $3.48, or 4.6%, m-o-m, to average $71.47/b, and the NYMEX WTI front-month contract fell by $3.27, or …