North Sea Crude-Johan Sverdrup slumps as BP sells to Equinor

Equinor ASA

08/10/2026 21:37

Oct 8 (Reuters) - Johan Sverdrup crude slumped on Thursday on the back of BP selling a cargo to Equinor.
PLATTS WINDOW
Indications are free on board unless marked as cost, insurance and freight or delivered at place.
Johan Sverdrup: BP sold to Equinor for October 23-25 at dated Brent plus $2.70.
On Tuesday, BP had offered a cargo of Johan Sverdrup at dated Brent plus $7.70, having repeatedly reduced its offer price in recent sessions.
As recently as September 16, Equinor had bid for October-loading cargoes of Johan Sverdrup at dated Brent plus $24.

(Reporting by Reuters; editing by David Gaffen)
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