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North Sea Crude-WTI weakens on lower offer

North Sea Crude-WTI weakens on lower offer

- U.S. WTI Midland crude weakened in the Platts window on Tuesday 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 September 11-15 cargo at dated Brent plus $1.10 CIF Rotterdam, down from an offer at dated Brent plus $1.30 on Monday.

  • The offer equated to dated Brent minus 52 cents FOB, Reuters calculations show.

  • WTI Midland: Unipec offered a September 8-12 cargo at dated Brent plus $1.75 CIF Rotterdam while Shell offered a September 11-15 cargo at dated Brent plus $1.50 CIF Rotterdam.

  • Johan Sverdrup: CNOOC offered a September 20-24 cargo at dated Brent plus $1.20 CIF Rotterdam.


(Reporting by Enes Tunagur
Editing by David Goodman
)

((enes.tunagur@tr.com))

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