Economic Calendar

Monday, November 10, 2008

North Sea Oseberg Crude Daily Shipments to Rise 12% in December

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By Alexander Kwiatkowski

Nov. 10 (Bloomberg) -- Daily shipments of North Sea Oseberg crude, part of the price benchmark for almost two-thirds of the world's oil, will rise 12 percent in December.

Tankers are set to load 237,097 barrels a day of Oseberg crude next month, up from 211,667 barrels a day planned for November, according to the loading schedule of operator StatoilHydro ASA.

A total of 7.35 million barrels will be shipped in December, compared with 6.35 million barrels in November.

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 Plc, and ConocoPhillips's Ekofisk.

To contact the reporter on this story: Alexander Kwiatkowski in London at akwiatkowsk2@bloomberg.net




1 comment:

Anonymous said...

It's really a hopeful matter to see the rise of crude oil from the North Sea Oseberg. No doubt it will help to bring a good balance to the global oil market. Does the field use digital oil field software. If not, I would recommend to check out the futureon. It is a leading provider of digital oilfield software and data visualization solutions. See more of your field and data now, make more opportunities for growth tomorrow.
Anyway, I enjoyed the daily shipment details.