North Sea Forties Exports to Rise Significantly in September
Exports of British Forties crude will be 380,000 barrels per day in September, up from 271,000 bpd in August, an industry source who has seen the loading programme said on Friday.
The programme consists of 19 cargoes of 600,000 barrels each, up from just 14 cargoes in August. But the total is still down compared with July at 21 cargoes.
Exports hit a three-year low in August. Forties, together with the North Sea Brent, Oseberg and Ekofisk grades, underpin the dated Brent benchmark price that is used for most of the world's oil trades.
Reporting by Julia Payne
