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North Sea Crude-WTI Midland rises, Ekofisk declines

ReutersJul 23, 2025 4:32 PM

- WTI Midland climbed and Ekofisk declined, due to deals.

PLATTS WINDOW

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

There were two deals on Wednesday.

WTI Midland: Total bought from Chevron for August 15-19 at dated Brent plus $1.85 on a CIF Rotterdam basis, or dated Brent plus 90 cents on an FOB basis, according to Reuters calculations. That was higher than the midpoint of bids and offers from Monday.

Ekofisk: Total bought from Phillips for August 7-9 at dated Brent plus $1.55, FOB. That was lower than an offer on Tuesday.

Forties: Gunvor bid for August 5-25 at dated Brent plus $1.30. That was higher than a bid on Friday.

Brent: Gunvor bid for August 7-9 at dated Brent plus $1.30. That was higher than a bid on Friday.

Oseberg: Equinor offered for August 11-13 at dated Brent plus $2.25. That was lower than an offer withdrawn by Equinor on Monday.

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