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North Sea benchmark oil supply to drop in August

Tuesday, 02 July 2024 | 00:00

Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 542,000 barrels per day (bpd) in August, compared with 588,000 bpd in July, loading programmes showed.

Brent, Forties, Oseberg, Ekofisk and Troll are the five North Sea grades underpinning the dated Brent benchmark. U.S. WTI Midland crude, which is also part of the benchmark, does not have a loading programme.
Source: Reuters (Reporting by Alex Lawler and Robert Harvey, Editing by Louise Heavens and David Goodman)

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