North Sea Crude-Forties rises as Vitol sells two cargoes

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 1 (Reuters) - North Sea Forties crude differentials rose on Wednesday after Vitol sold two cargoes while there was continued buying interest for Johan Sverdrup crude. PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* Forties: Vitol sold to Petroineos a Feb. 14-16 cargo at
dated Brent minus 65 cents.
* Forties: Vitol sold to Petroineos a Feb. 25-27 cargo at dated minus 20 cents.
* The average sold price of minus 43 cents is up from Tuesday's assessment.
* Johan Sverdrup: Total bid for a Feb. 25-27 cargo at dated minus 75 cents.
(Reporting by Alex Lawler Editing by David Goodman )

Messaging: alex.lawler.reuters.com@reuters.net))

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.