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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)

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