North Sea Crude - Gunvor continues bidding streak
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Gunvor has maintained its bidding momentum in the North Sea crude market, increasing prices for various grades. The company made bids for WTI Midland, Forties, Troll, and Oseberg, all at higher rates than previous bids. Notably, Gunvor's bid for WTI Midland was at dated Brent plus $3.75 on a CIF Rotterdam basis. Other companies, including Mercuria and Shell, also placed bids, but Gunvor's offers were consistently higher than those made earlier in the week.
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