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Markets

North Sea Crude-Brent weakens, Forties underpinned

Published Updated

LONDON: The North Sea differential for Brent Blend weakened below Forties on Wednesday while Forties has been firming this week due to the delayed restart of the key contributing field for the grade.

BUZZARD FIELD

The expected resumption in production at the UK's North Sea Buzzard oilfield following maintenance did not take place on Tuesday evening due to adverse weather conditions, a trade source familiar with the matter said.

 

Copyright Reuters, 2018

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