North Sea Crude ‑ Troll drops from record high, no deals
North Sea Crude ‑ Troll drops from record high, no deals LONDON, May 27 (Reuters) - North Sea Troll crude differentials dropped on Wednesday from a record high reached in April during the height of concern about disruption to Middle East supply due to a lower offer.
PLATTS WINDOW
Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place.
No deals were reported in the Platts window on Wednesday, a market source said.
Troll: Phillips 66 offered a cargo for June 17-19 at dated Brent plus $6.50. This is the first indication seen by Reuters since differentials reached a record high of $23.60 above dated Brent in April.
(Reporting by Alex Lawler; Editing by Kirsten Donovan)
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