North Sea Crude-Forties rises while Brent and WTI hold steady

Reuters01-08 01:54

LONDON, Jan 7 (Reuters) - North Sea Forties crude differentials rose on Tuesday while Brent crude and U.S. WTI Midland were unchanged after all three grades traded in the window.

PLATTS WINDOW

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

* Three cargoes traded.

* Forties: Trafigura bought from Gunvor CIF Rotterdam for Jan. 19-23 at dated Brent plus $1.35, equal to about dated plus 37 cents FOB, Reuters calculations show.

* WTI Midland: Petroineos bought from Gunvor CIF Rotterdam for Jan. 20-24 at dated Brent plus $1.60, equal to about dated plus 69 cents FOB, Reuters calculations show.

* Brent: Mercuria bought from BP for Jan. 22-24 at dated Brent plus 20 cents, making Brent the cheapest of the benchmark grades.

(Reporting by Alex Lawler Editing by David Goodman )

((alex.lawler@thomsonreuters.com; Twitter/X: @AlexLawler100))

(( NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES:

Dated BFO

Brent

Forties

Oseberg

Ekofisk

Monthly North Sea crude loading programmes

OPEC North Sea

crude oil oil products

derivatives European products

energy speed guide crude speed guide))

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