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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC exports slip on Asia refiner overhauls, Oil Movements says

Posted on 22 March 2013

The Organization of Petroleum Exporting Countries will trim crude shipments through early April while refiners in Asia perform seasonal maintenance work, according to tanker-tracker Oil Movements.
The group that supplies about 40 percent of the world’s oil will reduce crude shipments by 40,000 barrels a day, or 0.2 percent, to 23.72 million barrels a day in the four weeks to April 6, the researcher said today in an e-mailed report. The figures exclude Angola and Ecuador………………………………………..Full Article: Source


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