North Sea Crude ‑ WTI edges higher as Brent falls
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LONDON, June 23 (Reuters) - Differentials for U.S. WTI Midland crude rose slightly on Tuesday as North Sea Brent fell.
PLATTS WINDOW
Indications are free on board unless marked as cost, insurance and freight or delivered at place.
One cargo traded on Tuesday.
WTI Midland: Repsol bought a July 20-24 cargo from Chevron at dated Brent plus $1.10 CIF Rotterdam.
WTI Midland: Trafigura bid for a July 5-10 cargo at dated Brent plus $1.60 CIF Rotterdam.
WTI Midland: Phillips 66 offered a July 18-22 cargo at dated plus $1.00 CIF Rotterdam.
The midpoint of the deal, lower offer and higher bid of dated Brent plus $1.23 CIF Rotterdam equated to dated plus 6 cents FOB, Reuters calculations showed.
On Monday Trafigura bought a July 15-19 WTI Midland cargo from Chevron at dated Brent plus $1.10 CIF Rotterdam while Moeve bought a July 18-22 cargo from Vitol at the same level.
Brent: BP offered a July 15-17 cargo at dated minus 95 cents.
On Monday, BP withdrew an offer for the same dates at dated minus 80 cents.
Johan Sverdrup: BP offered a July 17-19 cargo at dated plus $3.05.