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OPEC to boost exports as refiners stock up, Oil Movements says

Posted on 25 November 2011

The Organization of Petroleum Exporting Countries will boost shipments by 1.9 percent up to the middle of December as refiners replenish crude inventories before demand for winter fuels peaks, according to tanker- tracker Oil Movements.

OPEC will export 23.52 million barrels a day in the four weeks to Dec. 10, up from the 23.09 million barrels shipped daily in the month to Nov. 12, the Halifax, England-based researcher said today in an e-mailed report. The figures exclude Ecuador and Angola………………………………………Full Article: Source


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