U.S. WTI Midland crude differentials rose on Friday after a deal, while North Sea Forties and Ekofisk were offered higher without tempting buyers.

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Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).

WTI Midland: Petroineos bought from BP a CIF Rotterdam Nov. 29-Dec. 3 cargo at dated Brent plus $1.85, up from the last deal done on Wednesday. The deal equated to about dated plus 86 cents on an FOB basis, Reuters calculations showed.

Forties: Equinor offered Nov. 25-27 at dated Brent plus 80 cents, up from the last assessment.

Ekofisk: Eni offered for Nov. 24-26 at dated Brent plus $1.70, also above the last assessment.

As a result, Brent valued at dated Brent plus 25 cents remains the cheapest of the benchmark grades and sets the dated Brent value.
Source: Reuters (Reporting by Alex Lawler; Editing by Mark Potter)