off-the-wire

North Sea Crude-Ekofisk dips to 16-month low on cheaper offer

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, May 12 (Reuters) - North Sea Ekofisk crude oil differentials fell to their lowest since early 2022 on Friday after Shell offered a cheaper cargo, although it withdrew the offer before the end of the trading session.



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, bids or offers, according to a trade source.
* Ekofisk: Shell withdrew an offer at dated Brent plus $1.80 loading June 3-5. (Reporting by Shadia Nasralla, Editing by Louise Heavens)

Reuters Messaging: shadia.nasralla.reuters.com@reuters.net))

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