North Sea Crude-WTI Midland rises

Reuters
08/12
North Sea Crude-WTI Midland rises

LONDON, Aug 11 (Reuters) - U.S. WTI crude differentials rose on Monday after a trade in the Platts window.

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: Mercuria sold to Petroineos for early September CIF Rotterdam at dated Brent plus $1.55, up from an offer on Friday.

* The deal was equal to about dated Brent plus 58 cents on a FOB basis according to Reuters calculations.

* Johan Sverdrup: BP sold a cargo to Total at dated Brent plus $1.15. Sverdrup is not one of the grades that can set dated brent's value.

(Reporting by Reuters; Editing by Tomasz Janowski)

((alex.lawler@thomsonreuters.com))

   
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

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