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North Sea Crude-Diffs steady, Shell offers Forties

Published May 11, 2017 Updated May 11, 2017 05:04pm
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By Shoaib Ur Rehman
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LONDON: North Sea crude differentials held unchanged on Thursday after daily trading window passed without any deals being done.

Shell was the only market participant to offer any barrels, including three cargoes of Forties and one of Ekofisk, but subsequently withdrew the offers.

Two suezmax vessels have been booked to carry Norwegian crude to the United States in the coming two weeks. Statoil has booked the Delta Poseidon to either load Oseberg in late May or Troll later this week, Reuters data shows.

US refiner PES had provisionally booked the Tokyo Spirit to carry Troll grade to its Philadelphia plant this month.

 

Copyright Reuters, 2017
 

 

 

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