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North Sea Crude ‑ WTI Midland offered lower again

North Sea Crude ‑ WTI Midland offered lower again

- U.S. WTI Midland crude oil differentials fell on Friday as Moeve returned to offer a cargo lower, while Equinor bid for Johan Sverdrup.

PLATTS WINDOW

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

  • There were no deals on Friday, a trader said.

  • WTI Midland: Moeve offered a June 24-28 cargo at dated Brent plus $1.25 CIF Rotterdam, down from its offer at dated plus $1.70 CIF on Thursday.

  • Moeve's offer equated to around dated Brent plus 1 cent on a FOB basis, according to Reuters calculations.

  • Johan Sverdrup: Equinor bid for a July 7-9 cargo at dated Brent plus $3.90.


(Reporting by Robert Harvey, Editing by Louise Heavens)

((robert.harvey@tr.com))

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