U.S. WTI Midland crude differentials weakened on Friday as Gunvor sold below Thursday’s levels while Trafigura, a big buyer in recent sessions, did not buy more cargoes.

PLATTS WINDOW

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

WTI Midland: Unipec bought from Gunvor May 27-31 CIF Rotterdam at dated Brent plus $1.55, down 30 cents from Thursday’s deals.

Trafigura has bought eight cargoes of crude grades that can set the dated Brent benchmark since Wednesday, according to trade sources. The company made no further purchases in Friday’s window.

North Sea grades: no deals.
Source: Reuters