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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC crude exports to rise, Oil Movement says

Posted on 05 July 2013

The Organization of Petroleum Exporting Countries will boost shipments by 2.3 percent through late July as driving demand peaks during the northern hemisphere summer, according to Oil Movements.
The group that supplies about 40 percent of the world’s oil will ship 24.18 million barrels a day in the four weeks to July 20, up from 23.64 million in the period to June 22, the tanker tracker said in an e-mailed report. The figures exclude two of OPEC’s 12 members, Angola and Ecuador………………………………………..Full Article: Source


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