North Sea Forties and Ekofisk crude differentials rose on Friday after higher bids from Vitol in the Platts window, although no offers were seen on benchmark grades.

PLATTS WINDOW

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

No deals, the sources said.

Ekofisk was bid at dated Brent plus $1.70 by Vitol for Oct. 16-27, up from the last assessment.

Forties: Vitol bid at dated Brent plus 70 cents for Oct. 16-24, also up from the last assessment.

Brent, last valued at dated Brent plus 65 cents, becomes the cheapest grade in the dated Brent basket, and therefore sets the benchmark price.
Source: Reuters (Reporting by Reuters; Editing by David Evans and Louise Heavens)