North Sea and WTI Midland crude differentials were steady on Friday, as higher Forties and WTI offers failed to find buying interest.

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 trades on Friday, sources said.

WTI Midland: Gunvor and Petroineos offered cargoes at dated Brent plus $1.50 CIF Rotterdam, or dated Brent plus 40 cents on a FOB basis, according to Reuters calculations. On Thursday, ExxonMobil sold to Total CIF Rotterdam at dated Brent plus 75 cents, or dated Brent minus 35 cents FOB.

Forties: Eni offered May 26-28 at dated Brent plus 30 cents, up from an offer on Thursday. Gunvor offered May 30 – June 1 at dated Brent plus 50 cents.
Source: Reuters