North Sea Crude-Forties, Ekofisk and WTI rise

Reuters01-13

LONDON, Jan 12 (Reuters) - U.S. WTI Midland, and North Sea Forties and Ekofisk crude differentials rose on Monday.

PLATTS WINDOW

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

Two cargoes traded.
WTI Midland: Equinor sold to Gunvor February 4-8 at dated Brent plus $2.45 CIF Rotterdam, up from a deal on Friday. That is equal to dated Brent plus $1.26 on a FOB basis, according to Reuters calculations.
Forties: CNOOC, which last year did its first North Sea cargo trade during a Platts window session, sold to Gunvor its February 8-10 cargo at dated Brent plus $1.20, up from recent indications.
Ekofisk: Exxon bid at dated Brent plus $1.85 for February 9-11, up from the last indication.

(Reporting by Alex Lawler; Editing by Tomasz Janowski)

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

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