Oil 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
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U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
Mexico is working with the United States to reach an agreement on tariffs before an impending deadline, a senior Mexican government official said on Wednesday, and the U.S. recognized its work to control migration and fentanyl trafficking.
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.
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