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OIL
Loadings of the main North Sea crude grades are scheduled to rise slightly to the highest since Oct 2021 in Jan, mainly driven by record exports of Johan Sverdrup crude.
- Loadings of the 13 main grades are set at 62.71mbbl (2.023mb/d) in January compared to 62.63mbbl (2.02mb/d) in December according to Bloomberg.
- Loadings of Johan Sverdrup will jump to a record 703kb/d in January, compared with 640kb/d after the start of the second phase production in December.
- BFOET loadings will drop to 716kb/d in January, compared with 735kb/d in December
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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