North Sea Crude‑WTI Midland steady, others bid higher

MITSUI & CO.

14/05/2026 17:24

LONDON, May 14  (Reuters) - North Sea crude differentials were mixed on Thursday, with WTI Midland steady after a trade and Forties, Brent and Ekofisk being bid higher.

PLATTS WINDOW

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

* One cargo traded.

* WTI Midland: Vitol bought from Glencore a May 30‑June 3 cargo at dated Brent plus $2.60 CIF Rotterdam.

* WTI Midland: ExxonMobil bid for a June 13‑18 cargo at dated Brent plus $3.60 CIF Rotterdam.

* WTI Midland: Glencore offered a May 26‑30 cargo at dated Brent plus $2.05 CIF Rotterdam.

* The average of all three at dated plus $2.75 CIF Rotterdam is equal to roughly dated Brent plus $1.15 on a FOB basis according to Reuters calculations, unchanged from Wednesday.

* Forties: Chevron bid for a June 9‑15 cargo at dated Brent plus $1.60 FOB Hound Point.

* Brent: Chevron bid for a June 5‑7 cargo at dated Brent plus $1.60 FOB Sullom Voe.

* Ekofisk: Chevron bid for a June 5‑14 cargo at dated Brent plus $3.00 FOB Teesside.

* Johan Sverdrup: BP offered a June 3‑6 cargo at dated Brent plus $2.50 FOB Mongstad. Sverdrup is not one of the grades that can set the dated Brent price.

 (Reporting by Alex Lawler
Editing by Ros Russell)