North Sea Flotta oil loadings to rise in February

LONDON: The North Sea Flotta crude oil production stream will load about 43,000 barrels per day in February, up from zero in January, a trade source said on Monday.

This represents two cargoes of 600,000 barrels, loading on Feb. 5 and Feb. 27. The first cargo to load will be one that was deferred from Jan. 16-18.

"It never happened, it became third decade and then it disappeared from the programme," a trade source said. "Production is not really very robust."

Flotta is one of 12 North Sea crude streams tracked by Reuters on a monthly basis.