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Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
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North Sea Crude-Brent weakens after deal

Tue, 09th Feb 2021 18:12

LONDON, Feb 9 (Reuters) - North Sea Brent crude
differentials weakened on Tuesday after a deal, while Forties
found support from a higher bid.

PLATTS WINDOW

* Indications are on a free-on-board (FOB) basis unless
marked as cost, insurance and freight (CIF).

* Brent: Vitol sold to Total a Feb. 23-25 cargo at dated
Brent minus 25 cents, down 25 cents from an offer on Monday.

* Brent: Gunvor bid at dated Brent plus 15 cents for a March
4-6 cargo.

* Forties: BP bid for a March 6-10 cargo at dated Brent plus
15 cents, up from Monday's assessment.

* Forties: Vitol offered a CIF Rotterdam cargo for Feb. 22-
March 3 at dated Brent plus 75 cents, equal to roughly dated
plus 21 cents on an FOB basis according to Reuters calculations.

(Reporting by Alex Lawler; Editing by Alison Williams)

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