North Sea Crude-Grades weaken on lower offers
XLE•North Sea and WTI Midland differentials weaken
LONDON, Aug. 13 (Reuters) - North Sea and U.S. WTI Midland crude differentials weakened on Thursday after sellers reduced their offer levels.
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Indications are free on board unless marked as cost, insurance and freight or delivered at place.
- There were no deals, a trader said.
- WTI Midland: Equinor offered for August 26-30 at dated Brent plus $4.80 CIF Rotterdam, down from an offer on Wednesday and equal to about dated Brent plus $3.20 FOB, according to Reuters calculations.
- Forties: CNOOC offered September 8-10 at dated Brent plus $3.70.
- Ekofisk: Conoco offered September 10-12 at dated Brent plus $5.25.
(Reporting by Reuters)
(Editing by David Goodman)
