The North Sea and Nigeria will ship the most crude in at least two years in October, adding to downward pressure on oil prices just as demand wanes from refiners shutting down for seasonal maintenance. Output of North Sea grades is poised to reach the highest since November 2013 next month, according to loading programs compiled by Bloomberg. Supplies from Nigeria, the biggest oil producer in Africa, are set to reach a level not seen in more than three years. “It’s directionally bearish for crude,” Vikas Dwivedi, an analyst at Macquarie Capital Inc. said by e-mail. “The large loading programs will need buyers.” Production in the North Sea is rising as projects sanctioned when oil prices were above $100 a barrel come online, according to the International Energy Agency. This coincides with the end of a shutdown in Nigeria caused by a pipeline leak, allowing supplies to flow back […]