North Sea Crude-WTI Midland rises slightly

Reuters
Aug 16
North Sea Crude-WTI Midland rises slightly

LONDON, Aug 15 (Reuters) - U.S. WTI Midland crude differentials rose slightly on Friday after a deal.

PLATTS WINDOW

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

* There was one deal, a trade source said.

* WTI Midland: Trafigura sold to Phillips 66 a CIF Rotterdam cargo at dated Brent plus $1.80, equal to roughly dated Brent plus 72 cents on an FOB basis, according to Reuters calculations.

* That was up slightly from Wednesday's value of dated Brent plus 68 cents. There were no WTI deals or indications reported on Thursday.

* Forties: Mercuria was heard to be bidding for the grade on Friday, although details were not available.

(Reporting by Alex Lawler; Editing by Jane Merriman)

((Alex.Lawler@thomsonreuters.com))

NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES: 
                    0#BFO-DIF     0#C-E 
Dated BFO       BFO- 
Brent           BFO-BRT       BFO-E 
Forties         BFO-FOT       FOT-E 
Oseberg         BFO-OSE       OSE-E 
Ekofisk         BFO-EKO       EKO-E 
 Monthly North Sea crude loading programmes     O/LOAD 
 OPEC OPEC                NSEA  North Sea 
 CRU  crude oil           PROD  oil products 
 DRV  derivatives         PRO/E European products 
  OILOIL  NYMOIL, IPEOIL, OILSPD, OILARB 
CRDWLDPRODEUR, PRODUS, APROD 
ENERGY energy speed guide   CRUDE/1 crude speed guide

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