XM does not provide services to residents of the United States of America.

North Sea Crude-WTI Midland continues to slip on lower sale price



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>North Sea Crude-WTI Midland continues to slip on lower sale price</title></head><body>

LONDON, July 3 (Reuters) -WTI Midland crude differentials weakened further on Wednesday with a sale from Chevron to ExxonMobil while there were no indications on North Sea benchmark grades.


PLATTS WINDOW

* Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).

* WTI Midland: Chevron bought from ExxonMobil a July 27-31 cargo at dated Brent plus $1.55 CIF Rotterdam, equating to about dated plus 51 cents FOB, Reuters calculations show. The price was less than an offer in the previous session.

* WTI Midland: Reliance offered a July 22-26 cargo at dated Brent plus $2.15 CIF Rotterdam.

* WTI Midland: Glencore offered July 23-27 at dated Brent plus $1.80 CIF Rotterdam.

* There were no indications on North Sea benchmark grades.



Reporting by Noah Browning
Editing by David Goodman

 NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES: 0#BFO-DIF 0#C-E Dated BFO BFO- Brent BFO-BRT BFO-E Forties BFO-FOT FOT-E Oseberg BFO-OSE OSE-E Ekofisk BFO-EKO EKO-E Monthly North Sea crude loading programmes O/LOAD OPEC OPEC NSEA North Sea CRU crude oil PROD oil products DRV derivatives PRO/E European products OILOIL NYMOIL, IPEOIL, OILSPD, OILARB CRDWLDPRODEUR, PRODUS, APROD ENERGY energy speed guide CRUDE/1 crude speed guide
</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.