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North Sea Crude-Forties slips, WTI bid lower

Monday, 16 October 2023 | 00:00

North Sea Forties crude differentials slipped on Friday while buying interest cooled for U.S. WTI Midland.

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: Total sold to Unipec a Nov. 9-11 cargo at dated Brent plus $1.70 and Gunvor bid for a Nov. 2-4 cargo at dated plus $2.00, on average down from the previous assessment.

* WTI Midland: Unipec bid for an Oct. 31-Nov. 4 cargo at dated Brent plus $2.50, down from a bid on Thursday. Total withdrew an offer at dated plus $3.10.
Source: Reuters (Reporting by Alex Lawler; Editing by Shounak Dasgupta)

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