North Sea Crude: Forties Unchanged as Mercuria Offers Cargoes

Published

(Photo: BP)
(Photo: BP)

North Sea Forties crude oil differentials were unchanged on Wednesday as Mercuria offered cargoes while BP withdrew one, all above Forties' current assessed value.

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

Forties: Mercuria offered two cargoes CIF Rotterdam for Jan. 28-22 and Jan. 25-29 at dated Brent plus $1.55, roughly equivalent to minus 39 cents on an FOB basis, according to Reuters calculations.

Forties: BP withdrew an offer for a cargo at dated Brent minus 60 cents, loading Jan. 22-24.    


(Reuters - Reporting by Rowena Edwards; Editing by David Goodman)

Current News

CAPE Holland, GBM Works Sign MoU to Commercialize Vibrojet

CAPE Holland, GBM Works Sign M

81m Acres Opened in Gulf of America Lease Sale

81m Acres Opened in Gulf of Am

Vietnam Mulls Second LNG Term Contract After Deal with Shell

Vietnam Mulls Second LNG Term

He Dreiht Offshore Wind Farm: Final Turbine Installed

He Dreiht Offshore Wind Farm:

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine