North Sea BFOE supplies to rise in Sept to 793,000 bpd

LONDON: Supply of the four crude oil grades that underpin the dated Brent benchmark price will rise in September after hitting their lowest level in three years in August, according to monthly loading programmes.

The September total is the second lowest so far this year at 793,000 barrels per day.

On Tuesday, a trading source said the Brent stream would load four cargoes of 600,000 barrels each, on a par with the previous month.