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North Sea Crude-WTI rises, Forties weakens

ReutersDec 30, 2025 5:13 PM

- U.S. WTI Midland rose on Tuesday, while North Sea Forties edged lower.

FEBRUARY LOADING PROGRAMMES

Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 575,000 barrels per day (bpd) in February, up from 565,000 bpd in January, loading programmes showed.

PLATTS WINDOW

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

No cargoes traded, a trade source said.

Forties: Exxon offered a January 13-15 cargo at dated Brent plus 30 cents, while Trafigura bid at dated plus 35 cents for different dates. These were down from a deal on Monday.

WTI Midland: Vitol bid at dated Brent plus $2.00 CIF Rotterdam for January 19-23, up from indications on Christmas Eve, which were the last ones seen. The bid was equal to dated Brent plus 74 cents on a FOB basis, according to Reuters calculations.

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