Platts Quality Premiums for April-loading North Sea crude cargoes

Effective March 2, the North Sea quality premiums for April-loading North Sea crude oil cargoes will be as follows:

Grade Quality Premium

Oseberg QP 0.9350

Ekofisk QP 0.7110

Troll QP 0.9390

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 quality premiums 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 the announcement.

Platts, part of S&P Global Energy, announces quality premiums 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 .