The Organization of Petroleum Exporting Countries will boost shipments to their highest since before the Libyan uprising to meet rising demand in Asia, according to tanker-tracker Oil Movements.
OPEC will export 23.48 million barrels a day in the four weeks to Dec. 3, an increase of 3.8 percent from the 22.63 million barrels shipped daily in the month to Nov. 5, the Halifax, England-based researcher said today in an e-mailed report. It’s the most since mid-February. The figures exclude Ecuador and Angola.............................................Full Article: Source
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