North Sea Crude-WTI trades slightly lower
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U.S. WTI Midland crude differentials decreased slightly on August 5, with Gunvor purchasing an August 21-25 cargo from Chevron at dated Brent plus $1.55 CIF Rotterdam, lower than BP's sale to TotalEnergies at dated Brent plus $1.60. TotalEnergies also bid for a September 1-5 cargo at the same price as Gunvor's purchase. Additionally, ConocoPhillips offered an Ekofisk cargo at dated Brent plus $1.95 for August 31 to September 2.
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