North Sea Crude-TotalEnergies buys Forties
Equinor EQNR | 0.00 | |
Phillips 66 PSX | 0.00 | |
Shell Plc Sponsored ADR SHEL | 0.00 |
LONDON, July 6 (Reuters) - North Sea Forties differentials to dated Brent rose slightly on Monday after TotalEnergies bought a cargo from Phillips 66, while BP offered Brent blend.
PLATTS WINDOW
Indications are free on board unless marked as cost, insurance and freight or delivered at place.
There was one trade on Monday, a source said.
Forties: TotalEnergies bought a July 24-26 cargo from Phillips 66 at dated Brent minus $1.40.
The trade level was below where Forties was offered on Friday, at dated minus 50 cents, but above the last deal level in the window from June 30, when TotalEnergies bought a July 12-14 cargo from Unipec at dated Brent minus $1.50.
Brent: BP offered two cargoes, one on a delivered basis for July 25-29 at dated plus 90 cents CIF Rotterdam, and one on a FOB basis with July 20-22 dates at dated minus 55 cents.
The delivered offer equated to around dated minus 92 cents when converted to FOB, Reuters calculations showed.
Johan Sverdrup: BP offered an August 3-5 cargo at dated plus 85 cents.