off-the-wire

North Sea Crude-Vitol raises bid for WTI Midland

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, May 4 (Reuters) - North Sea Forties crude differentials were steady on Thursday with the sole indication being a higher bid for WTI Midland, the new grade to join the dated Brent basket.


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.
* WTI Midland: Vitol bids CIF Rotterdam at dated Brent plus $1.40 for June 4-8. This was up from a bid on Wednesday and in line with an offer on the same day, leaving WTI Midland steady.



(Reporting by Alex Lawler; Editing by Jan Harvey)

Twitter: @AlexLawler100))

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