OPEC Exports Mostly Steady in 4Wks to Jul 1

Schlumberger – …Oil Movements said OPEC exports by sea are expected to be 24.81 million barrels a day to July 1 compared with 24.82 million b/d in the four weeks to June 3 and a revised 24.8 million b/d in the four weeks to June 24.

However, total OPEC crude exported in the second quarter was down by 340,000 barrels a day to 24.62 million b/d compared with the first quarter, Roy Mason said.

Broken down, Mason said he saw a decline in exports of around 700,000 to 800,000 b/d from OPEC’s Middle East members in April.
Schlumberger