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OPEC Exports Seen +40,000 B/D In 4 Weeks To Nov 14 - Tracker



LONDON -(Dow Jones)- Oil shipments from the Organization of Petroleum Exporting Countries, excluding Angola and Ecuador, are expected to rise 40,000 barrels a day in the four weeks ending Nov. 14, compared with the previous four- week period, U.K.-based tanker tracker Oil Movements said Thursday.

Exports from the 10 OPEC countries tracked by Oil Movements are forecast to rise to 22.68 million barrels a day from 22.64 million barrels a day in the four-week period ended Oct. 17.

"It's looking weak," said Oil Movements head Roy Mason. "We are at a point where winter crude should be getting on the way."

But he said it would be clear how weak demand is only at the end of November.

-By Benoit Faucon, Dow Jones Newswires; +44-20-7842-9266; benoit.faucon@ dowjones.com


  (END) Dow Jones Newswires
  10-29-091245ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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