LONDON, June 6 (Reuters) - North Sea Forties and U.S. WTI Midland crude differentials were stable on Friday, as bids and offers in the Platts window did not test levels from earlier in the week.
PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight $(CIF)$ or delivered at place (DAP).
* No deals on Friday, a trade source said.
* WTI Midland: There were four outstanding bids on Friday, the highest of which was tabled by Mercuria for June 3-7 dates at dated Brent plus $1.65 CIF Rotterdam.
* WTI Midland: Phillips 66 had an outstanding offer for June 27-July 1 dates at dated Brent plus $2.10 CIF Rotterdam.
* Mercuria's bid equated to around dated plus 61 cents on a FOB basis, while Phillips 66's offer equated to around dated plus $1.06 FOB, Reuters calculations showed.
* On Thursday, Vitol sold Moeve (formerly Cepsa) a July 4-8 cargo of WTI Midland at dated Brent plus $1.90 CIF Rotterdam, or dated plus 84 cents FOB according to Reuters calculations.
* Forties: On Friday, TotalEnergies bid for a June 28-30 cargo at dated Brent plus 80 cents.
* On Thursday, TotalEnergies had bid Forties for June 28-30 dates, and Mercuria had bid June 22-24 dates, both at dated plus 90 cents.
(Reporting by Robert Harvey)
((Robert.Harvey@thomsonreuters.com; +447552256587;))
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