North Sea Crude ‑ Troll drops from record high, no deals

Phillips 66
Exxon Mobil
Shell

Phillips 66

PSX

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Exxon Mobil

XOM

0.00

Shell

SHEL

0.00

- North Sea Troll crude differentials dropped on Wednesday from a record high reached in April during the height of concern about disruption to Middle East supply due to a lower offer.

PLATTS WINDOW

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

  • No deals were reported in the Platts window on Wednesday, a market source said.

  • Troll: Phillips 66 offered a cargo for June 17-19 at dated Brent plus $6.50. This is the first indication seen by Reuters since differentials reached a record high of $23.60 above dated Brent in April.