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North Sea Crude-Four sellers offer WTI, none trades

ReutersApr 28, 2025 4:25 PM

- U.S. WTI crude differentials weakened on Monday after four sellers offered cargoes and no buyers were tempted.

PLATTS WINDOW

Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).

No deals, a trade source said.

WTI Midland: Exxon, Chevron, Gunvor and Aramco each offered cargoes. The lowest offer was from Exxon for May 15-19 CIF Rotterdam at dated Brent plus $1.40, equal to roughly dated Brent plus 29 cents on an FOB basis according to Reuters calculations.

On Friday, a cargo traded at dated Brent plus $1.55 CIF Rotterdam.

North Sea grades: no indications, a trade source said.

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NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES: 
                    0#BFO-DIF     0#C-E 
Dated BFO       BFO- 
Brent           BFO-BRT       BFO-E 
Forties         BFO-FOT       FOT-E 
Oseberg         BFO-OSE       OSE-E 
Ekofisk         BFO-EKO       EKO-E 
 Monthly North Sea crude loading programmes     O/LOAD 
 OPEC OPEC                NSEA  North Sea 
 CRU  crude oil           PROD  oil products 
 DRV  derivatives         PRO/E European products 
  OILOIL  NYMOIL, IPEOIL, OILSPD, OILARB 
CRDWLDPRODEUR, PRODUS, APROD 
ENERGY energy speed guide   CRUDE/1 crude speed guide
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