North Sea Crude-Brent, Troll weaken after lower Glencore offers

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 24 (Reuters) - North Sea Brent and Troll crude differentials weakened on Friday after lower offers from Glencore, while no buyers emerged for any grade.


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 deals, a trade source said.
* Brent: Glencore offered an April 15-17 cargo at dated Brent plus 15 cents, lower than Thursday's assessment.
* Troll: Glencore offered a CIF Rotterdam cargo for April 5-9 at dated Brent plus $3.95, equal to about dated Brent plus $2.32 on an FOB basis according to Reuters calculations and lower than the last offer which was made on Wednesday.
(Reporting by Alex Lawler; Editing by Richard Chang)

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

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.