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Markets

North Sea Crude-Forties rises, Buzzard restarts

Published September 18, 2018 Updated September 18, 2018 08:36pm

LONDON: North Sea Forties and Ekofisk crude differentials rose on Tuesday, supported by higher demand for October-loading cargoes.

BUZZARD OILFIELD

* The Buzzard oilfield in the North Sea restarted on Monday, an industry source familiar with the matter said on Tuesday, later than initially planned after maintenance that began in early September.

WINDOW

* Forties: Glencore sold to Equinor a cargo loading on Sept. 30-Oct. 2 at dated Brent plus 45 cents, up 5 cents from an offer on Monday.

* Ekofisk: Eni sold to Equinor a cargo loading on Oct. 13-15 at dated Brent plus 80 cents, 20 cents higher than a bid reported on Monday.

 

Copyright Reuters, 2018

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