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Commodities Briefing - Categorized | Market Moves, Oil, Trading more

OPEC to raise shipments as refiners return, Oil Movements says

Posted on 22 February 2013

The Organization of Petroleum Exporting Countries will increase shipments into next month as refiners in the U.S. and Europe prepare to start operating after seasonal maintenance, according to tanker tracker Oil Movements.
The group that supplies about 40 percent of the world’s oil will export 23.56 million barrels a day in the four weeks to March 9, up 90,000 barrels or 0.4 percent from the previous period, the researcher said today in an e-mailed report. The figures exclude Angola and Ecuador……………………………………Full Article: Source


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