North Sea Crude-WTI Midland, Forties, Sverdrup trade
LONDON, Nov 19 (Reuters) -North Sea Forties and Johan Sverdrup, and U.S. WTI Midland crude all traded in the Platts window on Tuesday.
JOHAN SVERDRUP
* Equinor EQNR.OL has resumed production at the Johan Sverdrup oilfield in the North Sea following a power outage, reaching two-thirds of capacity by mid-morning on Tuesday, a company spokesperson said.
PLATTS WINDOW
* Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* WTI Midland: TotalEnergies bought a cargo with Dec. 10-14 dates from Unipec at dated Brent plus $2.10 CIF Rotterdam.
* The deal equated to around dated plus $1.17 on an FOB basis, Reuters calculations showed.
* On Monday, Unipec offered a WTI Midland cargo with Dec. 10-14 dates at dated Brent plus $2.40 CIF Rotterdam.
* Forties: TotalEnergies bought a cargo with Dec. 9-11 dates from BP at dated Brent plus $1.15 FOB.
* In the previous session, Trafigura bid for a Dec. 5-7 Forties cargo at dated Brent plus $1.25.
* Johan Sverdrup: TotalEnergies bought a cargo with Dec. 11-13 dates from Equinor at dated Brent minus $2.35 FOB.
Reporting by Robert Harvey; Editing by Emelia Sithole-Matarise
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
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
