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Oil movements: OPEC exports continue to fall

Posted on 06 March 2009

From Ogj.com: Crude oil exports from the Organization of Petroleum Exporting Countries, excluding Angola and Ecuador, are forecast to fall by 430,000 b/d in the 4 weeks before Mar. 21, according to tanker analyst Oil Movements.

“The downhill race between OPEC supply restraint and falling oil demand is still in contention,” said Oil Movements, which forecast exports based on spot and term chartering, in its Mar. 5 report. …. Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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