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Markets

North Sea Forties crude supply to fall in June

Published April 27, 2017 Updated April 27, 2017 01:28pm

crude-oil-1024LONDON: Supply of North Sea Forties crude oil will fall in June from May, according to loading programmes seen by trading sources on Thursday.

The June programme contains 21 cargoes of 600,000 barrels each, giving a daily supply rate of around 420,000 barrels per day, compared with 23 cargoes and a rate of around 445,000 bpd in May.

Year on year, supply will rise 5 percent from the 400,000 bpd supplied in June 2016.

 

 

Copyright Reuters, 2017
 

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