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North Sea Crude-Brent hits 3-week high, Forties and Eko also up

Tue, 20th Apr 2021 17:39

LONDON, April 20 (Reuters) - North Sea Brent crude
differentials rose to a three-week high on Tuesday on the back
of a deal and higher bids by Litasco, while higher bids also
lifted Ekofisk and Forties.

PLATTS WINDOW

* Indications are on a FOB basis unless marked as CIF.

* Brent: Total sold to Glencore cif Rotterdam at dated Brent
plus 80 cents loading May 6-10. On a fob basis, according to
Reuters calculations, this equates to minus 9 cents.

OUTSTANDING BIDS AND OFFERS

* Ekofisk: Mercuria bid at dated Brent plus 45 cents loading
May 18-22.

* Brent: Litasco bid at dated Brent minus 5 cents loading
May 3-5.

* Forties: Litasco bid at dated Brent minus 5 cents loading
May 7-10.

* Brent: Litasco bid at dated Brent plus 5 cents loading May
20-22.

* Forties: Total offered cif Rotterdam at dated Brent plus
90 cents loading May 10-14. On a fob basis, according to Reuters
calculations, this equates to plus 30 cents.

* Forties: Total offered cif Rotterdam at dated Brent plus
90 cents loading May 6-10. On a fob basis, according to Reuters
calculations, this equates to plus 30 cents.

* Forties: Total offered cif Rotterdam at dated Brent plus
90 cents loading May 2-6. On a fob basis, according to Reuters
calculations, this equates to plus 30 cents.
(Reporting by Shadia Nasralla. Editing by Mark Potter)

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