Platts Quality Premiums for August-loading North Sea crude cargoes

Effective July 3, the North Sea Quality Premiums for August-loading North Sea crude oil cargoes will be as follows:

Crude Grade Quality Premium

Oseberg QP 1.3083

Ekofisk QP 1.0796

Troll QP 1.8663

Quality Premiums are available on Platts Global Alert pages 1210 and 1212 and in the Platts Pricing Database under the following codes:

Crude Grade Current Month Month-Ahead

Oseberg QP AAXDW00 AAXDX00

Ekofisk QP AAXDY00 AAXDZ00

Troll QP 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 and Troll 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.