North Sea Crude-WTI trades lower
North Sea Crude-WTI trades lower Sept 30 (Reuters) - US WTI Midland traded lower on Wednesday after three deals were done in the Platts window.
PLATTS WINDOW
Indications are free on board unless marked as cost, insurance and freight or delivered at place.
Three deals were reported in the Platts window on Wednesday.
WTI Midland: Gunvor sold an Oct. 29-Nov. 2 cargo of WTI Midland to Vitol at dated Brent plus $17.50 a barrel on a CIF Rotterdam basis.
WTI Midland: Occidental sold an Oct. 27-31 cargo of WTI Midland to Vitol at dated Brent plus $17.95 a barrel on a CIF Rotterdam basis.
WTI Midland: Gunvor sold a second Oct. 29-Nov. 2 cargo of WTI Midland to Vitol at dated Brent plus $17.50 a barrel on a CIF Rotterdam basis.
The average price of $17.65 equaled about dated Brent plus $14.45 on an FOB basis, according to Reuters calculations, down from an offer on Tuesday.
(Reporting by Reuters; Editing by Kirsten Donovan)