Oil cargoes departing from Oil Producing Exporting Countries nations to the US fell to 1.63 million barrels per day in December, down from 1.80 million bpd in November
This is according to reports from Refinitiv Eikon and market intelligence firm, Kpler
The report also showed that the Vessels last month carried about 534,000 bpd from Saudi Arabia to the US, down from 632,000 bpd in November, while Algeria sent 10,000 bpd, down 94,000 bpd, and Nigeria shipped 103,000 bpd, down by 48,000 bpd
The cut follows OPEC and allies including Russia agreeing last month in vienna to cut crude production effective January by 1.2 million bpd.
According to a Reuters survey, OPEC pumped 32.68 million bpd last month, down 460,000 bpd from November.