OPEC Exports Stable Amid ‘Tight’ Inventories, Oil Movements Says
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OPEC will keep shipments little changed until the middle of this month as refiners replenishing depleted stockpiles offsets a seasonal decline in demand, according to tanker-tracker Oil Movements.
The Organization of Petroleum Exporting Countries will export 23.32 million barrels a day in the four weeks to March 17, compared with 23.31 million in the period to Feb. 18, the Halifax, England-based researcher said today in an e-mailed report. The figures exclude Angola and Ecuador.