Quality Premiums for December 2020-loading North Sea cargoes

Effective Nov. 2, 2020, the North Sea Quality Premiums for December 2020-loading North Sea cargoes will be as follows:

Crude Grade Quality Premium

Oseberg $0.3581

Ekofisk $0.3176

Troll $0.5234

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 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 and Troll during the month prior to announcement.

Platts announces QPs on the first publishing day of each month, a month prior to the escalators coming into effect.

Platts has made available a Question & Answer document in English, Mandarin and Russian that further elaborates on commonly raised questions from all respondents on its Dated Brent homepage at www.platts.com

Please send any comments and queries to Europe_Crude@spglobal.com and PriceGroup@spglobal.com