Forties June program 420 Mbpd; down from May
BY CASSIE WERBER
LONDON -- The volume of North Sea Forties Blend crude available for June fell from May, traders said.
The June loading program is scheduled at 420 Mbbl a day, compared with 425.8 Mbpd in the previous month, the program showed. June' s program consists of 21 standard 600 Mbbl cargoes. It is equivalent to a total volume of 12.6 MMbbl, down from 13.2 MMbbl a day in May.
More than 50 oil fields make up the Forties blend, with the Buzzard field the largest component field, operated by Nexen. The Forties pipeline system is fully owned and operated by BP.
Dow Jones Newswires