OPEC to Bolster Shipments on Winter Demand, Oil Movements Says
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The Organization of Petroleum Exporting Countries will increase shipments of crude oil this month to meet winter demand for heating fuels, according to tanker-tracker Oil Movements.
OPEC will ship 23.64 million barrels a day in the four weeks to Jan. 21, up 0.3 percent from the 23.58 million barrels loaded daily in the month to Dec. 24, the Halifax, England-based researcher said today in an e-mailed report. The figures exclude Angola and Ecuador.