North Sea Crude-WTI Midland edges lower; Sverdrup trades
LONDON, Nov 27 (Reuters) -U.S. WTI Midland crude differentials slipped again on Wednesday after a deal while North Sea Johan Sverdrup also traded in the Platts window and was also offered lower.
PLATTS WINDOW
* Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* WTI Midland: Trafigura bought from Chevron Dec. 25-29 at dated Brent plus $1.95 CIF Rotterdam, down 5 cents from the last deal. This equated to about dated plus $1.01 FOB, according to Reuters calculations.
* Johan Sverdrup: Total bought from Equinor Dec. 15-19 at dated Brent minus $1.75 CIF Rotterdam. Sverdrup is not one of the six grades that sets the dated Brent benchmark.
* Johan Sverdrup: Equinor withdrew an offer made at dated Brent minus $2.35 CIF Rotterdam for the Dec. 9-13 period.
* Oseberg: Equinor withdrew an offer at dated Brent plus $2.05, down from an offer on Tuesday.
* As a result of Wednesday's activity, WTI and Ekofisk are jointly the cheapest benchmark grades according to Reuters calculations.
Reporting by Alex Lawler
Editing by Elaine Hardcastle
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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