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03 Jun 2024 | 11:40 UTC
Effective June 3, the North Sea Quality Premiums for July-loading North Sea crude oil cargoes will be as follows:
Grade | Quality Premium |
Oseberg QP | 1.5724 |
Ekofisk QP | 1.2577 |
Troll QP | 1.7524 |
Quality Premiums are available on Platts Global Alert pages 1210 and 1212 and in the Platts Pricing Database under the following codes:
Grade | Current Month | Month Ahead |
Oseberg | AAXDW00 | AAXDX00 |
Ekofisk | AAXDY00 | AAXDZ00 |
Troll | ATFNB00 | ATFNA00 |
The QPs are published to four decimal places and at 60% of the net price differences between Ekofisk, Oseberg, Troll and the most competitive grade of crude among Brent, Forties, Oseberg, Ekofisk, Troll and WTI Midland during the month prior to announcement.
Platts, part of S&P Global Commodity Insights, announces QPs on the first publishing day of each month, a month prior to the escalators coming into effect.
Please send any comments and queries to europe_crude@spglobal.com and pricegroup@spglobal.com.