Markets

Supply of North Sea Forties crude to ease in December

Published October 30, 2017 Updated October 30, 2017 07:09pm

The schedule comprises 21 cargoes of 600,000 barrels each, the same as in October and November.

Supply of Forties was 484,000 bpd in December last year.

Forties, together with the Brent, Oseberg and Ekofisk grades, underpins the dated Brent benchmark price that is used for most of the world's oil trades.

 

Copyright Reuters, 2017