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North Sea Crude-WTI Midland weakens

ReutersJul 29, 2025 4:34 PM

- U.S. WTI Midland crude differentials weakened on Tuesday while there was no activity on North Sea grades.

PLATTS WINDOW

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

WTI Midland: Total bought from Phillips 66 an August 16-20 CIF Rotterdam cargo at dated Brent plus $1.10, down 5 cents from a deal on Monday and equal to about dated Brent plus 15 cents FOB, according to Reuters calculations.

Several other WTI Midland cargoes were offered without trading.

There were no bids or offers on North Sea grades, 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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