North Sea Crude-Ekofisk trades lower

Reuters12-03
North Sea Crude-Ekofisk trades lower

LONDON, Dec 2 (Reuters) - North Sea Ekofisk traded lower in the Platts window on Tuesday while U.S. WTI Midland was bid and offered.

PLATTS WINDOW

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

* Ekofisk: BP sold to TotalEnergies a December 21-23 cargo at dated Brent plus $1.15 on Tuesday.

* That was lower than a deal struck on Monday, when TotalEnergies bought a December 25-27 cargo from BP at dated Brent plus $1.35.

* Ekofisk: Trafigura bid up to dated plus $1.60 for cargoes loading either December 17-19 or December 25-27.

* Ekofisk: Phillips 66 offered December 19-21 at dated plus $1.30.

* WTI Midland: TotalEnergies bid for three cargoes, with January 1-5, December 26-30 and December 21-25 dates, all at dated plus $1.55 CIF Rotterdam.

* WTI Midland: Phillips 66 offered December 20-24 at dated Brent plus $2.00 CIF Rotterdam and BP offered December 21-25 at the same price.

* On Monday, Trafigura bought WTI Midland a December 21-25 cargo from BP at dated Brent plus $1.85 CIF Rotterdam.

(Reporting by Robert Harvey in LondonEditing by David Goodman)

((Robert.Harvey@thomsonreuters.com;))

NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES: 
                    0#BFO-DIF     0#C-E 
Dated BFO       BFO- 
Brent           BFO-BRT       BFO-E 
Forties         BFO-FOT       FOT-E 
Oseberg         BFO-OSE       OSE-E 
Ekofisk         BFO-EKO       EKO-E 
 Monthly North Sea crude loading programmes     O/LOAD 
 OPEC OPEC                NSEA  North Sea 
 CRU  crude oil           PROD  oil products 
 DRV  derivatives         PRO/E European products 
  OILOIL  NYMOIL, IPEOIL, OILSPD, OILARB 
CRDWLDPRODEUR, PRODUS, APROD 
ENERGY energy speed guide   CRUDE/1 crude speed guide
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