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UAE November Oil Shipments Fell to 3.4mbpd

OIL

Crude and condensate loadings from the UAE edged lower in November to 3.401mbpd, down from 3.506mbpd in October due to a decrease in exports to China, according to Bloomberg ship tracking and Vortexa data.

  • Exports to China fell by 191kbpd on the month to 647kbpd in November, the lowest level since August.
  • Shipments to India edged higher by 12kbpd to 300kbpd last month.

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