Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (11828)	2/10/2011 10:32:06 PM
From: Wharf Rat	Respond to of 24210

OPEC is not - NOT - increasing February exports OPEC to Reduce Exports as Winter Demand Ebbs, Oil Movements Says By Grant Smith - Feb 10, 2011 11:30 AM ET The Organization of Petroleum Exporting Countries will reduce oil shipments this month as demand for winter fuels in the northern hemisphere fades, according to tanker-tracker Oil Movements. Loadings will slip to 23.79 million barrels a day in the four weeks to Feb. 26, down 0.6 percent from 23.94 million barrels a day in the period to Jan. 29, the tanker-tracker said today in a report. The data exclude Angola and Ecuador. It’s the first monthly decrease since the four weeks to Feb. 5. bloomberg.com. Well I guess the widely expected 'stealth' increase by KSA, as reported two weeks ago by the Financial Times, is, well, quite invisible. More seriously, slower shipments out of the Persian Gulf region may be related to concerns about Suez Canal operations, plus confirmed piracy worries involving supertankers.