LONDON: Forties crude levels weakened on Friday following widespread uncertainty after the British referendum and weaker margins.
Global financial markets and oil futures plunged on Friday after Britain voted to leave the European Union, forcing the resignation of Prime Minister David Cameron.
Shell has fixed the VLCC Selene Trader to lift Forties on June 25 at Hound Point for South Korea, Reuters shipping data showed Friday.
WINDOW SUMMARY
Statoil sold a cargo of Forties to Shell at dated Brent minus 80 cents a barrel for loading July 6-8.
Shell bid for two cargoes of Ekofisk. One was at dated Brent plus 5 cents a barrel for loading July 6-15 and the other at dated Brent plus 15 cents a barrel for loading July 19-24.
Shell bid for a cargo of Forties at dated Brent minus 35 cents for loading July 7-9.
BP withdrew an offer for a cargo of Forties at dated Brent minus 55 cents for loading July 11-13.
Comments
Comments are closed for this article.