North Sea Troll Oil Loadings to Fall, Oseberg Steady

By Robert Harvey
Tuesday, November 28, 2023

January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.

A total of five cargoes - each 700,000 barrels - of Troll will load next month, according to a loading programme issued on Tuesday. Six cargoes of Troll were scheduled to load in December.

Meanwhile, loadings of the Oseberg crude oil stream will be unchanged in January from December at three cargoes, also all 700,000 barrels, a trading source said.

Both grades go into the North Sea physical dated Brent oil benchmark BFO-, alongside Forties, Ekofisk, Brent and U.S. West Texas Intermediate (WTI) crude.

Dated Brent is a part of the wider Brent complex that includes physical cargoes, swaps and the ICE Brent futures contract. Brent is used to price over three-quarters of the world's traded oil.


(Reuters - Reporting by Robert Harvey; Editing by David Goodman and Mark Potter)

Categories: Energy Europe Oil

Related Stories

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

CPC Coli Istanbul Reports Strong First Quarter

Mounting Tensions Could Spark EU-China Trade War, European Chamber President Warns

Current News

Building the Next-Gen Maritime Prepositioning Ship & Auxiliary Crane Ship

LS Marine Awarded $31.7 Million Contract to Dredge the Upper Miss

Classification and Building the New Fuels Pathway

Tip #59 – AI to Maritime Trainers: "Watch Your Back …"

Subscribe for Maritime Logistics Professional E‑News