North Sea Crude ‑ WTI slip despite wider rally on continued Hormuz disruption

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LONDON, June 3 (Reuters) - WTI Midland crude differentials weakened on Wednesday after BP sold another cargo, despite a wider rally amid ongoing disruption to supply in the Middle East.

PLATTS WINDOW

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

  • One cargo traded.

  • WTI Midland: BP sold to Total at dated Brent plus $2.25 for June 22-26, on a CIF Rotterdam basis, down 10 cents from a trade on Tuesday. On a FOB basis, this equates to plus $1.01, according to Reuters calculations.


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