North Sea Crude- Brent Slips to Lowest Since October
Posted by Michelle Howard
February 15, 2018
© davispics / Adobe Stock
North Sea Brent crude differentials weakened on Thursday to the lowest since October 2017 as Gunvor remained a seller of benchmark grades, while Forties found support from a higher bid.
Platts Window
- Brent: Gunvor sold to Vitol a cargo loading on March 2-4 at dated Brent minus 75 cents, the lowest since Oct. 17 according to Reuters data.
- Forties: Hartree bid for a March 11-17 cargo at dated Brent plus 15 cents, up from a a deal on Wednesday at dated Brent minus 65 cents. The bid was later withdrawn.
Reporting by Alex Lawler