North Sea and U.S. WTI Midland crude differentials were steady on Friday after a lack of bids, offers or deals in the Platts window, traders said.

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: still valued at about dated Brent plus 92 cents on an FOB basis according to Reuters calculations, in line with Thursday’s deal.

Forties remains the cheapest grade underpinning the dated Brent benchmark on Friday.
Source: Reuters (Reporting by Alex Lawler, Editing by Louise Heavens)