North Sea Crude-Forties falls on cheaper deal

Mercuria Holdings

22/04/2021 17:27

LONDON, April 22 (Reuters) - North Sea Forties crude
differentials fell on Thursday, as Total sold a cargo and
offered another more cheaply, but later withdrew it.

    PLATTS WINDOW
    * Indications are on a free-on-board (FOB) basis unless
marked as on a cost, insurance and freight (CIF) basis.
    * Forties: Total sold to Trafigura cif Rotterdam at dated
Brent plus 75 cents loading May 4-8. In fob terms, according to
Reuters calculations, this equates to plus 15 cents.

    OUTSTANDING BIDS AND OFFERS
    * Oseberg: Litasco bids at dated Brent plus 40 cents loading
May 15-22.
    * Forties: Litasco bids at dated Brent plus 15 cents loading
May 5-7.
    * Forties: Total offers cif Rotterdam at dated Brent plus
$1.00 loading May 10-14. In fob terms, according to Reuters
calculations, this equates to plus 40 cents.

    WITHDRAWN
    * Forties: Total withdrew an offer cif Rotterdam at dated
Brent plus 75 cents loading May 7-11. In fob terms, according to
Reuters calculations, this equates to plus 15 cents.


 (Reporting by Shadia Nasralla; Editing by Amy Caren Daniel)
 ((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))