North Sea Crude‑Grades offered, but no deals reached

MITSUI & CO.

11/05/2026 18:33

LONDON, May 11  (Reuters) - North Sea grades were offered at mostly higher levels on Monday in a quiet session in which no trades were concluded.

PLATTS WINDOW

Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place.

* No cargoes traded.

* Forties: Trafigura offered a May 23‑31 cargo at dated Brent plus $2.50 CIF Rotterdam. That was equal to dated plus 64 cents FOB, according to Reuters calculations.

* Forties: ENI offered a May 25‑27 cargo at dated Brent plus 25 cents FOB Hound Point. That was above an offer on Friday.

* Ekofisk: Shell withdrew a June 5‑7 cargo that had been offered at dated Brent plus $2.50 FOB Teesside.

* Flotta: Shell withdrew a June 11‑13 cargo that had been offered at dated Brent plus $1.45. Flotta is not one of the grades that can set the dated Brent value.

(Reporting by Reuters
Editing by David Goodman
)