LONDON, Feb 22 (Reuters) - North Sea Forties crude
differentials slipped back into negative territory on Wednesday
after Mercuria sold a cargo to Vitol, while Ekofisk ticked up
slightly on the back of a cargo sold by Total to Mercuria.
* Russia plans to cut oil exports from its western ports by
up to 25% in March versus February, exceeding its announced
production cuts in a bid to lift prices for its oil, three
sources in the Russian oil market said.
* A subsidiary of China's CNIC Corp has bought a minority
stake in Swiss-based global energy trader Mercuria, sources
familiar with the matter said.
* Nigeria's state oil company on Wednesday raised its March
official selling price (OSP) for Bonny Light crude to
dated Brent plus 95 cents per barrel, versus the plus 38 cents
differential of the previous month.
PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless
marked as cost, insurance and freight (CIF) or delivered at
place (DAP).
* Ekofisk: Total sold to Mercuria at dated Brent plus $2.75
loading March 17-19.
* Forties: Mercuria sold to Vitol at dated Brent minus 20
cents loading March 15-17.
* Forties: Gunvor bids at dated Brent minus 16 cents loading
March 20-22.
* Forties: Unipec offers at dated Brent minus 10 cents
loading March 9-11.
(Reporting by Shadia Nasralla; Editing by Maju Samuel)
Reuters Messaging: shadia.nasralla.reuters.com@reuters.net))
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