off-the-wire

North Sea Crude-Ekofisk diffs slip

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, May 10 (Reuters) - North Sea crude differentials for Ekofisk slipped on Wednesday during a thin trading session, as a resumption of strike action in the North Sea oil sector loomed.


* British union Unite said on Wednesday that 1,200 contractors will resume a 48-hour strike until Friday in a dispute over jobs, pay, and conditions in the offshore sector.
* The walkout will hit oil and gas operators including Apache, BP , Harbour Energy , Enquest , Ithaca , Repsol , Shell and TAQA, the union said.


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, according to an industry source.
* Ekofisk: Shell withdrew an offer for a cargo at dated Brent plus $2.20, for June 3-5.
(Reporting by Rowena Edwards; Editing by Kirsten Donovan)


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