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Commodities Briefing - Categorized | Market Pulse, Oil more

OPEC crude shipments near to seasonal peak, Oil Movements says

Posted on 19 July 2013

Crude shipments from the Organization of Petroleum Exporting Countries rose to near their highest for the year as refiners have purchased most of their requirements for the peak summer season, Oil Movements said.
The group, which supplies about 40 percent of the world’s oil, will export 24.16 million barrels a day in the four weeks to Aug. 3, an increase of 40,000 barrels from 24.12 million in the period to July 6, the tanker tracker said today in an e-mailed report. The figures exclude two of OPEC’s 12 members, Angola and Ecuador………………………………………..Full Article: Source


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