tradingkey.logo

North Sea Crude-Forties offered lower, WTI Midland edges higher

ReutersDec 8, 2025 5:55 PM

- North Sea Forties was offered lower in the window on Monday, while a flurry of bids for WTI Midland were tabled.

PLATTS WINDOW

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

There were no deals on Monday.

WTI Midland: There were six bids for WTI Midland on Monday.

The firmest of the bids were tabled by Trafigura, for December 22-26 and January 2-6 dates, both at dated Brent plus $1.60 CIF Rotterdam.

Glencore bid for a January 6-10 cargo at dated plus $1.55 CIF Rotterdam, and a January 1-5 cargo at dated plus $1.50 CIF Rotterdam.

TotalEnergies bid for a cargo with December 27-31 dates at dated Brent plus $1.40 CIF Rotterdam, and a January 1-5 cargoes at dated plus $1.50 CIF Rotterdam.

On Friday, two cargoes of WTI Midland had traded, with TotalEnergies buying December 29-January 2 from Vitol at dated plus $1.65 CIF Rotterdam, and December 26-30 dates from BP at dated plus $1.50 CIF Rotterdam.

Trafigura's two WTI Midland bids on Monday at dated Brent plus $1.60 CIF Rotterdam equated to around dated plus 36 cents on a FOB basis, Reuters calculations showed.

Forties: ExxonMobil offered January 1-3 at dated Brent plus 70 cents. Eni offered the same dates at dated plus 80 cents.

-    
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
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI