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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC exports rise to 9-month high on Libya, Oil Movements says

Posted on 23 December 2011

The Organization of Petroleum Exporting Countries will boost crude supplies to the highest level in nine months as Libya continues to restore production, according to tanker-tracker Oil Movements.
OPEC will ship 23.63 million barrels a day in the four weeks to Jan. 7, up from the 23.23 million barrels shipped daily in the month to Dec. 10, the Halifax, England-based researcher said today in an e-mailed report. Libya is exporting about 500,000 barrels a day, according to the company………………………………………..Full Article: Source


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