Advertisement
UK markets closed
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     
  • AIM

    771.53
    +3.42 (+0.45%)
     
  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     
  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     
  • Bitcoin GBP

    49,976.79
    +2,371.57 (+4.98%)
     
  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     
  • DAX

    18,001.60
    +105.10 (+0.59%)
     
  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     

Restriction placed on North Sea Forties crude pipeline system flows -traders

LONDON, July 20 (Reuters) - A restriction has been placed on the amount of oil that can be put through the North Sea's Forties crude oil pipeline system, traders said on Monday.

BP, the operator of the Forties Pipeline System (FPS), could not immediately be reached for comment, but one trader said the restriction was likely linked to work at the Kinneil processing plant, which handles unstabilised crude.

When two trains are offline at Kinneil, the remaining train is normally unable to process all the crude coming through the FPS, depending on shipper demand.

(Reporting by Claire Milhench; Editing by Pravin Char)