North Sea Crude ‑ WTI slip despite wider rally on continued Hormuz disruption
North Sea Crude ‑ WTI slip despite wider rally on continued Hormuz disruption LONDON, June 3 (Reuters) - WTI Midland crude differentials weakened on Wednesday after BP sold another cargo, despite a wider rally amid ongoing disruption to supply in the Middle East.
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: BP sold to Total at dated Brent plus $2.25 for June 22-26, on a CIF Rotterdam basis, down 10 cents from a trade on Tuesday. On a FOB basis, this equates to plus $1.01, according to Reuters calculations.
(Reporting by Alex Lawler
Editing by Cynthia Osterman)
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