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North Sea Crude-Forties rises as WTI Midland falls

Monday, 09 October 2023 | 00:00

North Sea Forties crude differentials rose on Friday on firmer buying interest, as keen selling interest pushed U.S. WTI Midland differentials lower.

PLATTS WINDOW:

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

No deals, a trade source said.

Forties: Gunvor bid for Nov. 2-4 at dated Brent plus $2.10, up from dated Brent plus $1.97 on Tuesday for the same dates.

WTI Midland: Unipec bid for Nov. 7-11 at dated Brent plus $2.90 cif Rotterdam, after the firm had bid for Nov. 5-9 at dated Brent plus $3.00 on Thursday.

WTI Midland: Occidental offered Oct. 31 – Nov. 4 at dated Brent plus $3.15 cif Rotterdam, after the company offered the same dates at dated Brent plus $3.40 on Thursday.
Source: Reuters (Reporting by Robert Harvey; Editing by Pooja Desai)

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