North Sea Crude-Forties weakens, WTI rises

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North Sea Crude-Forties weakens, WTI rises

Reuters12-23

North Sea Crude-Forties weakens, WTI rises

LONDON, Dec 22 (Reuters) - North Sea Forties crude weakened and U.S. WTI Midland rose on Monday.

PLATTS WINDOW

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

* Two cargoes traded, a trade source said.

* Forties: Glencore bought a January 4-6 cargo from Exxon at dated Brent plus 10 cents, down from Friday's offer levels.

* WTI Midland: Vitol bought a January 14-18 CIF Rotterdam cargo from Exxon at dated Brent plus $1.80, up from a bid on Thursday and equal to dated Brent plus 54 cents on a FOB basis according to Reuters calculations. There were no WTI indications on Friday.

(Reporting by Alex Lawler; Editing by Tomasz Janowski)

((Alex.Lawler@thomsonreuters.com))

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