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North Sea Crude ‑ WTI Midland bid higher

North Sea Crude ‑ WTI Midland bid higher

- U.S. WTI Midland crude oil differentials delivered into North West Europe rose on Tuesday while there were no bids, offers or deals in the Platts window for North Sea grades.

PLATTS WINDOW

  • Indications are free on board unless marked as cost, insurance and freight or delivered at place.

  • There were no deals on Monday, a trader said.

  • WTI Midland: TotalEnergies bid for a July 6-10 cargo at dated Brent plus $2.20 CIF Rotterdam.

  • WTI Midland: Glencore offered a July 12-16 cargo at dated Brent plus $2.25 CIF Rotterdam.

  • The midpoint of the bid and offer, dated plus $2.23 CIF Rotterdam, equated to around dated plus $1.01 on a FOB basis, Reuters calculations showed.

  • On Friday, Moeve offered a June 24-28 WTI Midland cargo at dated Brent plus $1.25 CIF Rotterdam.


(Reporting by Robert Harvey; Editing by Mark Porter)

((robert.harvey@tr.com))

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