off-the-wire

North Sea Crude-Diffs lifted by bids from Total after refinery strikes end

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 11 (Reuters) - North Sea Forties, Brent, Ekofisk and Troll crude differentials rose on Tuesday after the Easter trading break, lifted by higher bids from TotalEnergies , with Forties hitting its highest in four months.


* French refineries have resumed normal operations after weeks of strikes, but new walkouts over pay are possible, a union representative said.
* Forties was at its highest since mid-December.
* Brent reached its highest since mid-January.


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.


OUTSTANDING BIDS AND OFFERES
* Troll: Total bid at dated Brent plus $3.05, loading May 4-13.
* Ekofisk: Total bid at dated Brent plus $2.25, loading May 4-11.
* Brent: Total bid at dated Brent plus $1.00, loading May 1-13.
* Forties: Total bid at dated Brent plus $1.00, loading May 1-13.
* Ekofisk: Glencore offered at dated Brent plus $2.50,
loading April 22-24.
* Ekofisk: Glencore offered at dated Brent plus $2.50, loading April 21-23.
* Troll: Glencore offered at dated Brent plus $3.00, loading April 24-26. (Reporting by Shadia Nasralla Editing by David Goodman )

Reuters Messaging: shadia.nasralla.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.