North Sea Crude-Johan Sverdrup trades lower
LONDON, Oct 7 (Reuters) -North Sea Johan Sverdrup crude differentials edged lower on Monday, while Forties and Ekofisk differentials held steady as cargoes were on offer above recent bid levels.
PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* Johan Sverdrup: BP bought an Oct. 26-28 cargo from Equinor at dated Brent minus $2.00 FOB Mongstad.
* The deal compares with an offer by Equinor on Friday, for Oct. 17-19, at dated minus $1.85.
* Johan Sverdrup does not form part of the dated Brent price benchmark mechanism.
* Ekofisk: OMV offered an Oct. 26-30 cargo at dated Brent plus $2.65 CIF Rotterdam.
* The offer equated to around dated plus $1.81 on a FOB basis, Reuters calculations showed.
* Ekofisk: BP offered a Nov. 1-3 cargo at dated plus $1.90 FOB Teesside.
* Forties: BP also offered an Oct. 30 - Nov. 1 Forties cargo at dated plus $1.20 FOB Hound Point. The Forties and Ekofisk cargoes were offered on a one-cancels-the-other basis.
* On Friday, Ekofisk was bid at dated Brent plus $1.70 by Vitol for Oct. 16-27.
* Vitol also bid for Forties on Friday, at dated Brent plus 70 cents for Oct. 16-24.
Reporting by Robert Harvey; Editing by Susan Fenton
- 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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