North Sea Crude ‑ Forties bid higher

Exxon Mobil Corporation
Shell Plc Sponsored ADR

Exxon Mobil Corporation

XOM

0.00

Shell Plc Sponsored ADR

SHEL

0.00

LONDON, May 21 (Reuters) - North Sea Forties was bid higher on Thursday, while Johan Sverdrup was on offer.

PLATTS WINDOW

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

  • There were no trades on Thursday, a market participant said.

  • Forties: Shell bid for three cargoes, with May 31 - June 6 dates at dated plus $2.30, with June 8-11 dates at dated plus $3.25 and June 15-17 dates at dated plus $2.80. All three bids were withdrawn.

  • Johan Sverdrup: BP offered a June 2-4 cargo at dated plus $2.20.

  • On Wednesday there were three trades. Phillips 66 sold a June 9-13 WTI Midland cargo to Shell at dated Brent plus $3.85 CIF Rotterdam, Vitol bought a June 11-15 WTI Midland cargo from Chevron at dated Brent plus $4.00 CIF Rotterdam, and Vitol bought a May 31-June 2 Forties cargo from Gunvor at dated plus $1.50.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.