North Sea Crude-Brent Blend differential edges down

LONDON: The differential for Brent Blend edged lower on Tuesday despite the Forties pipeline outage while Gunvor returned to the window showing Forties at the end of December.

Ineos, the operator of Britain's Forties crude oil pipeline in the North Sea, was moving forward with a preferred repair option and the timeframe to fix a crack remained unchanged, the company said on Tuesday.

Ineos said it had examined three repair options and was expecting some custom parts for some of them in the next few days.