North Sea Crude-WTI weakens on lower offer
North Sea Crude-WTI weakens on lower offer LONDON, Aug 24 (Reuters) - U.S. WTI Midland crude weakened in the Platts window on Monday after a lower offer.
PLATTS WINDOW
Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place.
No cargoes traded, a market source said.
WTI Midland: Chevron offered a Sept. 11-15 cargo at dated Brent plus $1.30 CIF Rotterdam, down from the average of Friday's three deals.
The offer equated to dated Brent minus 30 cents on a FOB basis, Reuters calculations showed.
(Reporting by Reuters; Editing by Tomasz Janowski)
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