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Thursday, September 4, 2025
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Midland steady after higher offers

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U.S. WTI Midland crude differentials were unchanged on Friday after higher offers did not draw any buying interest.

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 cargoes traded.

* WTI Midland: There were two offers, one of which was at dated Brent plus $1.60 CIF Rotterdam, a source said.

* That was well above deals on Wednesday at an average of dated Brent plus 73 cents CIF Rotterdam, or about dated Brent minus 42 cents on an FOB basis according to Reuters calculations.

* Brent: A cargo was also offered at a level above the market, a source said. Brent was last offered on Wednesday at dated minus 10 cents.

Source: Reuters

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