The Organization of Petroleum Exporting Countries will ship less crude this month because of declining demand for winter fuels and as refineries halt for maintenance, according to tanker-tracker Oil Movements.
Loadings will slip to 23.88 million barrels a day in the four weeks to March 12, down 1.3 percent from 24.19 million a day in the equivalent period to Feb. 12, the tanker-tracker said today in a report. The data exclude Angola and Ecuador.
