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North Sea Crude- Grades drop as sellers lower offers

By Reuters News

Oct 29 (Reuters) - WTI Midland and North Sea crude differentials dropped on Thursday as sellers lowered offers.

LOADING PROGRAMMES

December loading programmes emerged for the five benchmark grades.

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: Occidental offered a November 25-29 cargo at dated Brent plus $4,10 CIF Rotterdam, down from an offer on Wednesday

  • The offer was equal to about dated Brent minus 25 cents an FOB basis, according to Reuters calculations.

  • Oseberg: Offered at dated Brent plus $6.70 for November 8-10.

  • Brent: Offered at dated Brent plus $2.85 for November 24-26.

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