North Sea Crude-Brent hits 3-week high, Forties and Eko also up

Mercuria Holdings

20/04/2021 17:39

LONDON, April 20 (Reuters) - North Sea Brent crude
differentials rose to a three-week high on Tuesday on the back
of a deal and higher bids by Litasco, while higher bids also
lifted Ekofisk and Forties.

    PLATTS WINDOW
    * Indications are on a FOB basis unless marked as CIF.
    * Brent: Total sold to Glencore cif Rotterdam at dated Brent
plus 80 cents loading May 6-10. On a fob basis, according to
Reuters calculations, this equates to minus 9 cents.
    
    OUTSTANDING BIDS AND OFFERS
    * Ekofisk: Mercuria bid at dated Brent plus 45 cents loading
May 18-22.
    * Brent: Litasco bid at dated Brent minus 5 cents loading
May 3-5.
    * Forties: Litasco bid at dated Brent minus 5 cents loading
May 7-10.
    * Brent: Litasco bid at dated Brent plus 5 cents loading May
20-22.
    * Forties: Total offered cif Rotterdam at dated Brent plus
90 cents loading May 10-14. On a fob basis, according to Reuters
calculations, this equates to plus 30 cents.
    * Forties: Total offered cif Rotterdam at dated Brent plus
90 cents loading May 6-10. On a fob basis, according to Reuters
calculations, this equates to plus 30 cents.
    * Forties: Total offered cif Rotterdam at dated Brent plus
90 cents loading May 2-6. On a fob basis, according to Reuters
calculations, this equates to plus 30 cents.

 (Reporting by Shadia Nasralla. Editing by Mark Potter)
 ((Shadia.Nasralla@thomsonreuters.com; +44 207 542 5083; +44 778
99 43141; Reuters Messaging: Reuters Messaging:
shadia.nasralla.reuters.com@reuters.net))
 
((NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES:
 0#BFO-DIF   0#C-E  
Dated BFO  BFO-  
Brent  BFO-BRT   BFO-E  
Forties  BFO-FOT   FOT-E  
Oseberg  BFO-OSE   OSE-E  
Ekofisk  BFO-EKO   EKO-E  
Statfjord  BFO-STA   STA- 
Monthly North Sea crude loading programmes  O/LOAD 
New North Sea oilfields  NSEA/NEW  
NORTH SEA SWAPS
 FFFP  for the latest contracts for difference.
BFO  0#BFO-  Dated BFO weekly swaps  0#BRT-CFD  
Dated BFO front line swaps  IHEU/SWAP/BRENT 
NYMEX crude  0#CL:  
ICE crude  0#LCO:  
 OPEC  OPEC  NSEA  North Sea 
 CRU  crude oil  PROD  oil products 
 DRV  derivatives  PRO/E  European products 
 O/L  Latest IPE  O/N  Latest NYMEX 
 OILOIL   NYMOIL   IPEOIL   OILSPD   OILARB  
 CRDWLD  PRODEUR   PRODUS   APROD  
 ENERGY  speed guide  CRUDE/1  crude speed guide))