opec logoOil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with the previous four-week period, U.K.-based tanker tracker, Oil Movements said Thursday.

The figure, which excludes exports from Angola and Ecuador, reflects a seasonal uptick in oil demand ahead of winter, notably in the West, said Roy Mason, head of Oil Movements.

- Benoit Faucon, (c) 2012 Dow Jones & Company

Tagged with →  
Share →

Sign up for the gCaptain Newsletter!

Over 22,000 people receive the gCaptain email newsletter every single day. Get the maritime and offshore industry headlines that matter sent straight to your inbox. Or LIKE us on Facebook!

We will not share your email address with anybody for any reason