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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC to boost supply for final winter demand

Posted on 14 January 2013

The Organization of Petroleum Exporting Countries will increase crude shipments this month to meet the final phase of peak winter demand in the northern hemisphere, according to tanker tracker Oil Movements.
The group that supplies about 40 percent of the world’s oil will export 24.15 million barrels a day in the four weeks to Jan. 26, up 210,000 barrels, or 0.9 percent, from the previous period, the researcher said today in an emailed report. The figures exclude Angola and Ecuador………………………………………..Full Article: Source


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