Story here. Data points:
- one of the UK's most important oil pipelines will be closed for about three weeks for repairs
- discovered in Aberdeenshire
- the Forties pipeline carries about 40% of North Sea crude oil
- more than 80 platforms will have to be shut down
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Saudi To Slash Oil Exports To Asia By 100,000 BOPD
Story at oilprice.
- January, 2018: 100,000 bopd less than the previous month, December, 2017
- for December, 2017, Saudis cut:
- total crude oil exports by 120,000 bopd, from just above 7 million bopd in November
- cut exports to all regions of the world, including a 10-percent reduction of oil exports to the US
- Saudis also raising the official selling price (OSP) to the region for January
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