OPEC 4Wk Exports +520,000 B/D To May 27 – Oil Movements

NASDAQ – The Organization of Petroleum Exporting Countries seaborne crude oil exports are expected to rise by 520,000 barrels a day in the four weeks to May 27 compared with the previous four-week period, leading tanker tracker Oil Movements said Thursday.

Oil Movements head Roy Mason said the incremental rise to 24.78 million b/d from 24.26 million b/d was mostly heading east to Asia as some refineries start to come out of turnaround there.
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