U.S. WTI Midland crude differentials were stable on Friday after Phillips 66 tabled a bid in the Platts window that it later withdrew.
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 trader said.
* WTI Midland: Phillips 66 bid for a cargo with April 2-6 dates at dated Brent plus $1.65 CIF Rotterdam, before withdrawing.
* The bid equated to around dated Brent plus 75 cents on a FOB basis, Reuters calculations showed.
* On Thursday, TotalEnergies bid for April 2-6 at the higher differential of dated Brent plus $1.80 CIF Rotterdam.
* There were no price discussions for North Sea grades on Friday in the Platts window.
Source: Reuters