off-the-wire

North Sea Crude-Diffs stable on second day of muted trade

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 18 (Reuters) - North Sea crude differentials were unchanged on Tuesday as there were no trades, bids or offers during the afternoon trading session for a second consecutive day.


* The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.
* Exxon Mobil Corp in Nigeria declared force majeure on oil liftings from different terminals in the country following industrial action by the company's in-house workers union, the company said on Monday in a statement.


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, according to an industry source. (Reporting by Rowena Edwards; Editing by Krishna Chandra Eluri)


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