off-the-wire

North Sea Crude-Diffs steady, Sverdrup to load 26 cargoes in April

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 28 (Reuters) - North Sea crude differentials were unchanged on Tuesday as more April loading programmes emerged.


LOADING PROGRAMMES
* Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 660,000 barrels per day in April, down from 716,000 bpd in March, loading programmes showed.


* Norway's Johan Sverdrup crude oil stream is set to load 26 cargoes in April and three in May, a loading programme showed on Tuesday.


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 Julia Payne; Editing by Richard Chang)


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