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Bloomberg: North Sea Brent Oil Daily Shipments Will Rise 14% in September

By Grant Smith

Aug. 10 (Bloomberg) — Daily shipments of North Sea Brent crude, part of the price benchmark for almost two-thirds of the world’s oil, will increase by 14 percent next month.

Tankers are set to load 240,000 barrels a day of Brent crude in September, from 209,613 scheduled for August, according to the loading program of field operator Royal Dutch Shell Plc, Europe’s largest oil company.

Brent is one of the four North Sea oil varieties used to price crudes from the Middle East, Africa and Russia. The other grades are Forties produced by BP Plc, Norsk Hydro ASA’s Oseberg blend and ConocoPhillips’ Ekofisk.

To contact the reporter on this story: Grant Smith in London at [email protected]
Last Updated: August 10, 2007 04:48 EDT

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