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North Sea Crude-Differentials stable at week’s end

Monday, 17 February 2025 | 01:00

North Sea Forties and U.S. WTI Midland crude differentials were unchanged on Friday, as offer levels for both grades came in above recent trades.

PLATTS WINDOW

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

* There were no trades on Friday.

* Forties: Chevron bid for a March 8-14 cargo at dated Brent minus 40 cents.

* Forties: TotalEnergies offered a March 6-8 cargo at dated Brent plus 65 cents.

* Forties: Unipec withdrew an offer for February 24-26 at dated Brent minus 15 cents.

* On Wednesday, Glencore bought a cargo from Equinor at dated Brent minus 20 cents.

* WTI Midland: Mercuria withdrew an offer for March 2-6 at dated plus $1.15 CIF Rotterdam.

* On Thursday, Cepsa bought WTI Midland with March 6-10 dates from Gunvor at dated Brent plus $1.20 CIF Rotterdam.

* Also on Thursday, Chevron bought a WTI Midland cargo with February 28-March 4 dates at dated Brent plus 85 cents CIF Rotterdam.
Source: Reuters

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