KUALA LUMPUR: Moody’s Investors Service (Moody’s) has raised its medium-term price band for crude oil to US$45 to US$65 per barrel (bbl), from US$40 to US$60 per bbl. In a statement yesterday, Moody’s said the continued Organisation of Petroleum Exporting Countries (OPEC)-led production restraints and strong global demand growth have contributed to declining global inventories, […]