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Crude Oil
September 01, 2023
Effective Sept. 1, the North Sea Quality Premiums for October-loading North Sea crude oil cargoes will be as follows:
| Oseberg QP | 0.9832 |
| Ekofisk QP | 0.8910 |
| Troll QP | 1.2809 |
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.