North Sea Crude - WTI Midland stable, Forties drops

Reuters02-13

LONDON, Feb 12 (Reuters) - WTI Midland holds steady, while Forties declines on a deal.

PLATTS WINDOW

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

* There were three deals on Thursday.

* WTI Midland: Vitol bought from Glencore for March 8-12 at dated Brent plus $3.50 on a CIF Rotterdam basis, or dated Brent plus $1.97 on an FOB basis, according to Reuters calculations. Vitol also bought from BP, also for March 8-12 at dated Brent plus $3.50 on an CIF Rotterdam basis, or dated Brent plus $1.97, FOB. That was flat from a deal on Wednesday.

* Forties: Total bought from CNOOC for March 10-12 at dated Brent plus $1.90. That was lower than an offer on Wednesday.

(Reporting by Anna Hirtenstein in London; Editing by Kirsten Donovan)

((Anna.hirtenstein@thomsonreuters.com))

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PLATTS WINDOW* Indications are free on board (FOB) unless marked as cost, insurance and freight $(CIF)$ or delivered at place.* There were three deals on Thursday.* WTI Midland: Vitol bought from Glencore for March 8-12 at dated Brent plus $3.50 on a CIF Rotterdam basis, or dated Brent plus $1.97 on an FOB basis, according to Reuters calculations. Vitol also bought from BP, also for March 8-12 at dated Brent plus $3.50 on an CIF Rotterdam basis, or dated Brent plus $1.97, FOB. That was flat from a deal on Wednesday. * Forties: Total bought from CNOOC for March 10-12 at dated Brent plus $1.90. That was lower than an offer on Wednesday. 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