North Sea Forties crude spreads held steady on Friday after Vitol sold two shipments as March shipment programs began to emerge.
MARCH PROGRAMS
PLATTS WINDOW
Specifications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at location (DAP).
Forties: Vitol sold to BP a cargo CIF Rotterdam for Feb 15-19 at dated Brent plus $1.10 which according to Reuters calculations is dated Brent minus 44 cents FOB.
Forties: Vitol sold to Shell…
