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North Sea Crude- Vitol bidding spree continues, but no deals made

North Sea Crude- Vitol bidding spree continues, but no deals made

- Commodity trading house Vitol returned to the North Sea window on Monday to bid across grades, but no deals were struck.

PLATTS WINDOW

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

  • No deals were done.

  • Brent/Ninian: Vitol bid for an October 20-November 5 cargo at dated Brent plus $24.15 CIF Rotterdam.

  • The Brent bid equated to around dated plus $18.63 on a FOB basis, Reuters calculations showed.

  • Forties: Vitol bid for an October 20-November 5 cargo at dated Brent plus $22.50 CIF Rotterdam.

  • The Forties bid equated to around dated plus $18.55 on a FOB basis, Reuters calculations showed.

  • Troll: Vitol bid for an October 17-22 cargo at dated Brent plus $24.45 CIF Rotterdam.

  • The Troll bid equated to around dated plus $21.28 on a FOB basis, Reuters calculations showed.

  • WTI Midland: Vitol bid for an October 20-24 cargo at dated Brent plus $22.00 CIF Rotterdam.

  • The Midland bid equated to around dated plus $18.78 FOB according to Reuters calculations.

  • Oseberg: Vitol bid for an October 28-November 2 cargo at dated plus $21.55.

  • Ekofisk: Vitol bid for a November 1-3 cargo at dated plus $20.95.

  • Johan Sverdrup: BP offered an October 20-22 cargo at dated plus $11.00.


(Reporting by Robert Harvey
Editing by Tomasz Janowski)

((robert.harvey@tr.com))

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