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North Sea Crude-Forties weakens, Brent steady

Fri, 19th Mar 2021 18:16

LONDON, March 19 (Reuters) - North Sea Forties crude
differentials weakened on Friday after a deal, while Brent was
steady.

PLATTS WINDOW

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

* Forties: Shell sold to Trafigura a CIF Rotterdam April 5-9
cargo at dated Brent plus 75 cents, down 25 cents from a similar
offer on Thursday. On a FOB basis, according to Reuters
calculations, this equates to dated Brent parity.

* Brent: Vitol offered and later withdrew a CIF Rotterdam
cargo for March 31-April 6 at dated Brent plus $1.20, the same
level as an offer on Thursday.
(Reporting by Alex lawler, Editing by Marguerita Choy)

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