North Sea Crude - WTI Midland trades lower
XLE•WTI Midland differentials slip lower
LONDON, Aug. 4 (Reuters) - U.S. WTI Midland crude differentials slipped lower on Tuesday as one cargo traded while North Sea Ekofisk was bid in the Platts window.
Platts window
Indications are free on board unless marked as cost, insurance and freight or delivered at place.
- One deal was reported in the North Sea window.
- WTI Midland: Glencore sold an August 30 to September 3 cargo to Equinor at dated Brent plus $5.50 CIF Rotterdam.
- WTI Midland: TotalEnergies bid for August 16-20 at dated Brent plus $5.80 CIF Rotterdam.
- WTI Midland: Glencore offered August 25-29 at dated plus $5.25 CIF Rotterdam.
- Tuesday's deal was equivalent to about dated plus $3.77 FOB, Reuters calculations show.
- On Monday, Equinor bought an August 23-27 WTI Midland cargo from Glencore at dated Brent plus $5.95 CIF Rotterdam.
- Ekofisk: Phillips 66 withdrew a bid for August 26-28 at dated Brent plus $6.00.
- On Monday Equinor had bid for an August 24 to September 1 cargo of Ekofisk at dated Brent plus $6.30.
- Johan Sverdrup: BP offered an August 16-19 cargo at dated Brent plus $4.45.
