| The Organization of Petroleum Exporting Countries will cut exports by 1.2 percent in the four weeks to May 14 because of a seasonal decline in demand, according to tanker-tracker Oil Movements.
OPEC, responsible for 40 percent of global supplies, will ship 22.75 million barrels a day in the four weeks to May 14, down from 23.03 million barrels a day in the period to April 16, the consultant said today in a report. The data exclude Ecuador and Angola..............................................Full Article: Source
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