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North Sea Crude-Some grades rise, WTI steady

Friday, 21 June 2024 | 16:00

Some North Sea crude differentials rose further on Thursday, supported by continued demand from trading firms Trafigura and Gunvor, while U.S. WTI Midland was steady.

PLATTS WINDOW

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

* There were no deals, a trade source said.

* WTI Midland: Trafigura bid for July 5-24 CIF Rotterdam at dated Brent plus $1.85, equating to about dated plus 59 cents FOB, according to Reuters calculations, steady from Wednesday.

* Forties: Trafigura bid for July 1-18 at dated Brent plus 65 cents, up from Wednesday’s bid.

* Troll: Gunvor bid for a June 30-July 22 cargo at dated plus $2.55, up from Wednesday’s bid.

* Oseberg: Trafigura bid July 3-13 at dated Brent plus $2.25, up from Wednesday’s bid.

* Ekofisk: Trafigura bid July 1-22 at dated Brent plus $2.10, up from Wednesday’s bid.
Source: Reuters (Reporting by Alex Lawler, Editing by Susan Fenton)

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