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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC to boost shipments by most since June, Oil Movements says

Posted on 28 October 2011

The Organization of Petroleum Exporting Countries will bolster crude exports by the most since June as refiners in the U.S. and Europe prepare to meet winter demand for heating fuels, tanker-tracker Oil Movements said.
OPEC will ship 22.8 million barrels a day in the four weeks to Nov. 12, a 2 percent increase from the 22.36 million exported in the month to Oct. 15, the Halifax, England-based company said today in a report. The figures exclude Ecuador and Angola………………………………………..Full Article: Source


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