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Page added on July 28, 2006

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OPEC Exports +30,000 B/D in 4Wks to Aug 12-Oil Movements

Schlumberger – Seaborne oil exports from the Organization of Petroleum Exporting Countries are expected to rise marginally in the four weeks to Aug. 12, from the previous four weeks as demand picks up during the seasonally strong third quarter, a leading tanker tracker said Friday.

The U.K.-based consultancy Oil Movements said OPEC’s shipments will rise for the above period by around 30,000 barrels a day to 25.4 million b/d.
Schlumberger



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