Thursday, April 19, 2007

OPEC Crude Oil Shipments to Fall in Month Ending May 5, Oil Movements Says

(Bloomberg) -- OPEC's daily shipments of crude oil will probably slip 0.4 percent in the month ending May 5 as the group delivers on its commitment to trim supplies, consulting company Oil Movements predicted.

The Organization of Petroleum Exporting Countries will load 24.1 million barrels a day onto tankers in the period, compared with 24.2 million barrels a day in the month ended April 7, the Halifax, England-based consultant wrote in a report.


Read more at Bloomberg Energy News

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