(no subject)
Opec members slash output in November
12/2/2006 - REUTERS - London
... Supply from the 10 countries bound by output targets, all except Iraq, fell to 26.855 million barrels per day, down 785,000 b/d from October, the survey found. That still left them pumping more than their November target of 26.3 million b/d.
... Total Opec output fell to 28.815 million b/d from 29.54 million bpd in October, the survey of consultants, shipping analysts and oil-company sources found. Top world exporter Saudi Arabia, shouldering the largest single part of Opec’s cutback, made virtually all of its 380,000 reduction, according to the survey.
OPEC Oil Output Cut Seen At 0.8 M B/D
Dec 07, 2006 (Dow Jones Commodities News via Comtex) --"They're now about two-thirds of the way of achieving the announced cut," said Oil Movements head Roy Mason.
... In contrast to previous weeks, Mason said eastbound OPEC shipments were now falling. Westbound shipments have been in steady decline for weeks, he said.
Sep 29.54 to Oct 28.815 to Nov 26.855 is down by 2.685 million barrels a day.
12/2/2006 - REUTERS - London
... Supply from the 10 countries bound by output targets, all except Iraq, fell to 26.855 million barrels per day, down 785,000 b/d from October, the survey found. That still left them pumping more than their November target of 26.3 million b/d.
... Total Opec output fell to 28.815 million b/d from 29.54 million bpd in October, the survey of consultants, shipping analysts and oil-company sources found. Top world exporter Saudi Arabia, shouldering the largest single part of Opec’s cutback, made virtually all of its 380,000 reduction, according to the survey.
OPEC Oil Output Cut Seen At 0.8 M B/D
Dec 07, 2006 (Dow Jones Commodities News via Comtex) --"They're now about two-thirds of the way of achieving the announced cut," said Oil Movements head Roy Mason.
... In contrast to previous weeks, Mason said eastbound OPEC shipments were now falling. Westbound shipments have been in steady decline for weeks, he said.
Sep 29.54 to Oct 28.815 to Nov 26.855 is down by 2.685 million barrels a day.