BP Offers Forties at Two-Week Low; Azeri Crude Exports Stable
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BP Plc failed to find a buyer for a cargo of North Sea Forties crude for loading in February at the lowest differential in almost two weeks. Total SA bought a lot of Brent blend at a cheaper premium than the previous trade.
Daily exports of Azeri Light crude from the Turkish port of Ceyhan will be little changed in February from this month, according to a loading program obtained by Bloomberg News.