North Sea crude-WTI trades, Sverdrup on offer
USO•WTI Midland differentials in Europe rose after BP sold a November cargo to Vitol at dated Brent plus $12.90 a barrel CIF Rotterdam and offered a Johan Sverdrup cargo at dated Brent plus $2.85.
1. Platts window trades
BP sold Vitol a November 16-20 WTI Midland cargo at dated Brent plus $12.90 a barrel CIF Rotterdam, equivalent to around plus $8.43 FOB. Eni bid for a November 6-10 WTI Midland cargo at plus $12.00 CIF Rotterdam, while BP offered a November 4-6 Johan Sverdrup cargo at plus $2.85.
