North Sea Crude-WTI trades, Sverdrup on offer

By Reuters News

- WTI Midland crude differentials in Europe rose on Thursday after BP sold a cargo to Vitol in the Platts window, while BP also offered Norwegian Johan Sverdrup.

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: BP sold a November 16-20 cargo to Vitol at dated Brent plus $12.90 CIF Rotterdam.

  • The deal equated to around dated Brent plus $8.43 on a FOB basis, Reuters calculations showed.

  • On Wednesday, Glencore bought a November 21-25 WTI Midland cargo from Occidental at dated Brent plus $10.65 CIF Rotterdam.

  • WTI Midland: Eni bid for a November 6-10 cargo at dated Brent plus $12.00 CIF Rotterdam.

  • Johan Sverdrup: BP offered a November 4-6 cargo at dated Brent plus $2.85.

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