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North Sea Crude-Ekofisk hits highest since March 2020, Forties slips

Thu, 25th Nov 2021 18:19

LONDON, Nov 25 (Reuters) - North Sea Ekofisk crude
differentials rose to the highest since March 2020 on Thursday,
while Forties weakened from near a two-year high after a lower
offer.

PLATTS WINDOW

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

* Ekofisk: BP sold to Trafigura a Dec. 19-21 cargo at dated
Brent plus $1.65, higher than offers on Wednesday. That's the
highest differential since March 2020 according to Refinitiv
Eikon data.

* Oseberg: Glencore bid for a Dec. 16-18 cargo at dated
Brent plus $1.75, up from Wednesday's assessment.

* Troll: Glencore bid for a Dec. 17-19 cargo at dated Brent
plus $2.00, up from Wednesday's assessment.

* Forties: Gunvor offered a Dec. 19-21 cargo at dated Brent
plus $1.30, weaker than indications on Wednesday.

* Brent: Trafigura bid for a Dec. 14-16 cargo at dated Brent
plus $1.40, lower than a bid on Wednesday.
(Reporting by Alex Lawler; Editing by Kirsten Donovan)

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