North Sea Forties crude differentials were steady on Friday after Vitol sold two cargoes, while loading programmes for March began to emerge.

MARCH PROGRAMMES

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: Vitol sold to BP a CIF Rotterdam cargo for Feb. 15-19 at dated Brent plus $1.10, equal to dated Brent minus 44 cents FOB according to Reuters calculations.

Forties: Vitol sold to Shell a Feb. 8-10 cargo at dated Brent minus 35 cents.

The average differential was the same as Thursday’s assessment.
Source: Reuters