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Commodities Briefing - Categorized | Market Pulse, Oil more

OPEC seaborne exports continue to fall, analyst says

Posted on 31 March 2009

From Ogj.com: Seaborne oil exports from the Organization of Petroleum Exporting Countries, except Angola and Ecuador, will decline by 770,000 b/d in the 4 weeks to Apr. 11, according to shipping analyst Oil Movements (OM).

Exports will average 22.23 million b/d, down from 23.00 million b/d in the 4 weeks to Mar. 14, OM said in an estimate that is lower than last week’s, which itself represented a 5 1/2-year low of 22.41 million b/d…..Full Article: Source


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