off-the-wire

North Sea Crude-Troll diffs continue decline

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 10 (Reuters) - Crude differentials for North Sea crude oil differentials for Norway's Troll stream continued to fall on Friday on a lower Glencore offer than in the previous session.


* In France, fuel deliveries were blocked from refineries as workers continued rolling strikes against pension reform.


* Last year, refinery outages as a result of strikes significantly reduced demand for grade of crude in Europe that typically feed France's refineries.
* Crude oil exports and transit from Russia's Black Sea port of Novorossiisk were suspended on March 10 due to a storm, Reuters sources said on Friday.



PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* Troll: Glencore offered a cargo loading Apr. 1-3 at dated Brent plus $2.75.


* Forties: Gunvor bid for a cargo loading Apr. 12-14, at dated Brent plus 20 cents.


* Forties: BP bid for a cargo loading Apr. 12-14 at dated Brent plus 10 cents.

(Reporting by Rowena Edwards, Editing by Louise Heavens)


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