North Sea Crude- WTI slides on lower offers

By Reuters News

- WTI Midland crude differentials in Europe dropped sharply on Friday due to lower offers from Vitol and other sellers.

PLATTS WINDOW

Indications are free on board unless marked as cost, insurance and freight or delivered at place.

  • No deals, a market source said.

  • WTI Midland: Vitol, Shell and Total were offering cargoes lower. The lowest offer was from Vitol at dated Brent plus $12.45 for November 18-22 on a CIF Rotterdam basis, the person said, down from a deal at dated plus $20.45 on Thursday.

  • The offer was equal to about dated Brent plus $7.90 on an FOB basis according to Reuters calculations.

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