Markets

North Sea Crude-Forties steady, Buzzard maintenance starts

Published September 21, 2016 Updated September 21, 2016 08:11pm

LONDON: Forties differentials were steady on Wednesday at a premium to benchmark dated Brent and Ekofisk differentials were bid higher, as tight supplies lend support.

Supply of Forties is expected to be tighter than normal until mid-October.

The Buzzard oilfield, the largest field contributing to Forties, has begun its month long maintenance shutdown around the Sept. 17 start date, a trade source said.

Copyright Reuters, 2016