North Sea Crude-April loadings to drop, grades steady

LONDON, March 23 (Reuters) - North Sea crude output will decline in April from March, loading programmes showed on Thursday, while crude differentials were steady after a lack of activity in the Platts window.

APRIL PROGRAMMES
* North Sea oil output in April will average 1.79 million barrels per day, down 4.3% from March, according to Reuters calculations based on loading programmes provided by trade sources.

PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
* No bids, offers or deals, a trade source said.
* Troll remains the cheapest benchmark grade after being offered at dated Brent plus $2.60 on Wednesday, when adjusting for the $2.86 Platts quality premium.
(Reporting by Alex Lawler, Editing by Elaine Hardcastle)

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

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

North Sea Crude-April loadings to drop, grades steady

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Solid price gains for gold, silver after busy news weekend

Bitcoin remains a ‘speculative vehicle’ and ‘won’t work’ as a reserve: ‘I prefer gold’ – Ray Dalio