VOL. XLVII

No 16

19-April-2004

OPEC

OPEC Exports Resume Rise In Week To 15 April, Says PIRA

After having declined for two weeks, OPEC exports resumed their rise in the week to 15 April, but remained off the high set three weeks ago, according to the inaugural weekly Oil Tanker Intelligence Report (OTIS) issued by PIRA Energy Group and Lloyds Marine Intelligence Unit on 15 April. Middle East OPEC producers are facing an increasingly competitive supply of sour crudes, particularly in Russian exports...