North Sea Crude-WTI trades higher as demand rises

By Reuters News

- WTI Midland crude differentials in Europe rose on Wednesday as buying interest recovered, after values slid since the end of last week.

PLATTS WINDOW

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

  • One deal, a market source said.

  • WTI Midland: Glencore bought from Occidental a November 21-25 cargo at dated Brent plus $10.65 on a CIF Rotterdam basis, the person said. There was a higher bid at dated Brent plus $10.95.

  • The bid was equal to about dated Brent plus $6.60 on an FOB basis, according to Reuters calculations.

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