Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

North Sea Crude-Forties rises on BP bids

Fri, 23rd Oct 2020 18:05

LONDON, Oct 23 (Reuters) - North Sea Forties crude
differentials rose on Friday on the back of three higher bids
from BP, though cargoes offered by Litasco in a ship-to-ship
transfer or on a delivered-to-Rotterdam basis were left unsold.

PLATTS WINDOW

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

* No deals.

* Forties: Litasco offered ship-to-ship at dated Brent plus
35 cents loading Nov. 3-8.

* Forties: Litasco offered cif Rotterdam at dated Brent plus
40 cents loading Nov. 5-15. On a fob basis, this equates to
minus 17 cents, according to Reuters calculations.

* Forties: Litasco offered cif Rotterdam at dated Brent flat
loading Nov. 13-24. On a fob basis, this equates to minus 52
cents, according to Reuters calculations.

* Forties: BP bid at dated Brent minus 50 cents loading Nov.
14-16.

* Forties: BP bid at dated Brent minus 45 cents loading Nov.
17-22.

* Forties: BP bid at dated Brent minus 30 cents loading Nov.
21-26.

* Brent: Litasco offered cif Rotterdam at dated Brent plus
75 cents loading Nov. 5-25. On a fob basis, this equates to
minus 1 cent, according to Reuters calculations.

* Brent: Total offered at dated Brent minus 40 cents loading
Nov. 7-9.

* Brent: Trafigura offered at dated Brent minus 10 cents
loading Nov. 15-17.

* Brent: BP bid at dated Brent minus 30 cents loading Nov.
24-26.

* Ekofisk: Total offered cif Rotterdam at dated Brent plus
$1.10 loading Nov. 6-10. On a fob basis, this equates to plus 68
cents, according to Reuters calculations.

* Ekofisk: Total offered at dated Brent plus 70 cents
loading Nov. 17-19.

* Ekofisk: Total offered at dated Brent plus 70 cents
loading Nov. 21-23.
(Reporting by Shadia Nasralla; Editing by Jan Harvey)

More News

PRESS: Rolls-Royce restarts Bergen sale process after Norway veto

PRESS: Rolls-Royce restarts Bergen sale process after Norway veto

Today 20:18

LIVE MARKETS-Q1 profits continue to leapfrog expectations

* Major U.S. indexes rise; Nasdaq leads with gain of ~0.7%* All major S&P sectors higher: Energy leads* Dollar down; gold rises; crude edges higher* U.S. 10-Year Treasury yield fell to low of 1.4690%, now ~1.58%May 7 - Welcome to the home for real-t...

Today 19:57

DIRECTOR DEALINGS: Ocado Non-Exec Rausing buys GBP26 million worth

DIRECTOR DEALINGS: Ocado Non-Exec Rausing buys GBP26 million worth

Today 19:36

IN BRIEF: DP Aircraft shares jump on deal with Thai lenders

IN BRIEF: DP Aircraft shares jump on deal with Thai lenders

Today 19:32

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.