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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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