North Sea Forties crude oil differentials strengthened on Friday on stronger bids and offers, while BP sold Petroineos a cargo, according to two trade sources.

PLATTS WINDOW

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

Forties: BP sold Petroineos a cargo CIF Rotterdam for Feb. 19-23, at dated Brent plus 75 cents, equivalent to minus 84 cents on a FOB basis, according to Reuters calculations.

Forties: Petroineos bid for a cargo loading Feb. 17-22, at dated Brent minus 65 cents.

Forties: Vitol offered a cargo CIF Rotterdam for Feb. 15-19, at dated Brent plus $1.05, equivalent, to minus 54 cents on a FOB basis, according to Reuters calculations.

Forties: Vitol offered a cargo loading Feb. 20-22, at dated Brent minus 10 cents.

Forties: BP withdrew two offers for Feb. 15-19 and 17-19.
Source: Reuters