OPEC Raises Crude Exports on Libyan Supply, Oil Movements Says
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The Organization of Petroleum Exporting Countries will boost crude supply by 0.6 percent this month as Libya raises output, according to tanker-tracker Oil Movements. Exports from the Middle East will drop.
OPEC will pump 23.65 million barrels a day in the four weeks to Dec. 31, up from the 23.51 million barrels shipped daily in the month to Dec. 3, the Halifax, England-based researcher said today in an e-mailed report. The figures exclude Ecuador and Angola.