North Sea Crude-Grades stable in quiet trading session as loadings emerge

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 27 (Reuters) - North Sea crude differentials were steady on Monday as no sellers or buyers emerged in the trading window.


LOADING PROGRAMMES
* In April, Brent will load three cargoes, Troll seven cargoes and Ekofisk and Forties 10 cargoes each, according to trade sources.
* S&P Global Platts will include U.S. WTI Midlands crude in its Brent oil benchmark from June, as previously guided, S&P's Vera Blei said in a benchmark update at the London Energy Forum on Monday.


* Platts will accept 11 U.S. Gulf Coast terminals - eight in Corpus Christi and three in Houston with a combined storage capacity of 75 million barrels - as supply points for WTI Midland crude into the Brent benchmark complex, she added.
* Russian oil pipeline monopoly Transneft said on Monday that it had started pumping oil from Kazakhstan to Germany via Poland through the Druzhba pipeline, while halting deliveries to Poland, Russian news agencies reported.


PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* There was no activity in the trading window, a trade source said. (Reporting by Shadia Nasralla Editing by Mark Potter)

Reuters Messaging: shadia.nasralla.reuters.com@reuters.net))

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