OPEC Crude Shipments to Fall for Fifth Week, Oil Movements Says
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The Organization of Petroleum Exporting Countries will reduce crude exports for a fifth time in the four weeks through March 26, according to tanker-tracker Oil Movements.
Loadings will drop to 23.56 million barrels a day in the period, down 1.3 percent from 23.88 million barrels a day in the four weeks to Feb. 26, the Halifax, England-based company said in a report.