Nov 22 2012

OPEC seaborne exports to rise in 4 weeks to Dec 8-analyst

LONDON, Nov 22 (Reuters) - Seaborne oil exports from OPEC, excluding Angola and Ecuador, will rise by 640,000 barrels per day (bpd) in the four weeks to Dec. 8, an analyst who estimates future shipments said on Thursday.

Exports will reach 24.72 million bpd on average, compared with 24.08 million bpd in the four weeks to Nov. 10, UK consultancy Oil Movements said in its weekly estimate.

The Organization of the Petroleum Exporting Countries (OPEC) pumps more than a third of the world's oil. OPEC has kept oil output limits unchanged since June.

(Reporting by Jonathan Saul; editing by James Jukwey)

((jonathan.saul@thomsonreuters.com)(+ 44 207 542 4357)(Reuters Messaging: jonathan.saul.thomsonreuters.com@reuters.net))


© Copyright Zawya. All Rights Reserved.

Be the first to comment

Send This Article To Your Friends

All fields are required.

Use commas for multiple email addresses

We'll use your email address to send the article on your behalf and it will not be collected or used for any other purposes.