By Alexander Kwiatkowski
Sept. 10 (Bloomberg) -- Daily shipments of North Sea Oseberg crude, part of the price benchmark for almost two-thirds of the world's oil, will fall 13 percent in October.
Tankers are set to load 212,903 barrels a day of Oseberg crude next month, down from 245,000 barrels a day planned for September, according to the loading schedule of operator BP Plc.
A total of 6.6 million barrels will be shipped in October, compared with 7.35 million barrels in September.
Oseberg is one of the four North Sea oil varieties used to price crude from the Middle East, Africa and Russia. The other grades are Brent, operated by Royal Dutch Shell Plc, Forties, operated by BP, and ConocoPhillips's Ekofisk.
To contact the reporter on this story: Alexander Kwiatkowski in London at akwiatkowsk2@bloomberg.net
Wednesday, September 10, 2008
North Sea Oseberg Crude Daily Shipments to Fall 13% in October
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