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Moody’s raises medium term price band of crude oil to US$45-US$65/bbl

Mimi Sabreena 3:02:00 PM Informasi

KUALA LUMPUR (March 14): Moody's Investors Service has raised its medium-term price band for crude oil to US$45-US$65 per barrel (bbl) from US$40-US$60 per bbl, as continued OPEC-led production restraint and strong global demand growth have contributed to declining global inventories, off-setting rapid increases in U.S. shale production.

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