Crude Oil

December 02, 2024

Platts Quality Premiums for January-loading North Sea crude cargoes

Effective Dec. 2, the North Sea Quality Premiums for January-loading North Sea crude oil cargoes will be as follows:

Crude GradeQuality Premium
Oseberg0.8171
Ekofisk0.3761
Troll0.9006

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

GradeCurrent MonthMonth Ahead
OsebergAAXDW00AAXDX00
EkofiskAAXDY00AAXDZ00
TrollATFNB00ATFNA00

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.