Entire Forties Crude August Loadings Delayed
All 14 Forties crude cargoes scheduled to load in August were deferred because of planned and unplanned outages in North Sea oil fields and a pipeline. The net effect of the delays is an increase in September loadings to a daily rate of 420,000 barrels a day, and a decrease in those scheduled for August to 213,000, according to the revised loading programs obtained by Bloomberg. Shipments this month as a result dropped to the lowest in 10 months, data compiled by Bloomberg show.
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