North Sea Crude-Brent, Ekofisk, and Troll diffs rise

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 3 (Reuters) - North Sea crude differentials for Brent, Ekofisk and Troll grades rose on Monday on strong buying interest ahead of strike action.


* British union Unite on Monday said that 150 Sparrows Group offshore services workers would strike, potentially shutting down more than 20 oil and gas platforms operated by companies including Apache, Shell and Harbour Energy .
* Strikes are due to begin from April 5 in a series of stoppages until June 9 in a dispute over pay.
* Surprise cuts to the OPEC+ producer group's output targets could push oil prices towards $100 a barrel, setting the scene for another clash with Western nations grappling with rising interest rates, analysts and traders said on Monday.


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 were no deals, bids or offers, a trade source said.
* Troll: Trafigura bid for a cargo at dated Brent plus $3.30, loading April 15-17.
* Troll: Mercuria bid for a cargo at dated Brent plus $3.30, loading April 24-26.


* Oseberg: Trafigura bid for a cargo at dated Brent plus $2.80, loading April 28-30.


* Brent: Trafigura bid for a cargo at dated Brent plus 70 cents, loading April 25-27.
* Forties: Mercuria bid for a cargo at dated Brent plus 40 cents, loading April 13-24.


* Ekofisk: Trafigura bid for a cargo at dated Brent plus $2.55, loading April 13-22.
(Reporting by Rowena Edwards Editing by David Goodman )


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