off-the-wire

North Sea Crude-Weaker as potential extra Ekofisk cargo weighs

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 8 (Reuters) - North Sea Forties, Ekofisk and Troll crude differentials weakened on Wednesday, with traders citing a potential additional Ekofisk cargo as weighing on the market.


EKOFISK
* Traders said there was talk of an Ekofisk cargo injection option for loading between April 2-7, which in simple terms is an extra cargo on top of those already loading in April.



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 Vitol an April 2-4 cargo at dated Brent plus $2.20, down 20 cents from a deal on Tuesday.


* Forties: Glencore sold to BP an April 6-8 cargo at dated Brent plus 10 cents, down 30 cents from a deal last week, the last known trade.


* Troll: Glencore offered an April 1-3 cargo at dated Brent plus $3.75, down 30 cents from an offer on Tuesday. (Reporting by Alex Lawler, Editing by Louise Heavens and Krishna Chandra Eluri)

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

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