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OPEC
monthly Oil market ReportOPEC18 january 2017 Feature article:Monetary policies and their impact on the oil marketOil market highlightsFeature articleCrude oil price movementsCommodity marketsWorld economyWorld oil demandWorld oil supplyProduct markets and refinery operationsTanker marketOil tradeStock movementsBalance of supply and demandMonthly endnotes13510143040556266748187 Organization of the Petroleum Exporting CountriesHelferstorferstrasse 17, A-1010 Vienna, AustriaE-mail: prid(at) : monthly Oil market report january 2017 1 Oil market highlights Crude Oil Price Movements The OPEC Reference Basket jumped nearly 20% in December to $ , ending above $50/b for the first time in 18 months. In contrast, the Basket s yearly average value came in at its lowest in more than 12 years at $ The oil complex surged on news of the historic cooperation between OPEC and non-OPEC.
Monthly Oil Market Report OPEC 18 January 2017 Feature article: Monetary policies and their impact on the oil market Oil market highlights Feature article
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