Platts Quality Premiums for May-loading North Sea crude oil cargoes

Effective April 1, the North Sea quality premiums for May-loading North Sea crude oil cargoes will be as follows:

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

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, one month prior to the escalators coming into effect.

Please send any comments and queries to europe_crude@spglobal.com and pricegroup@spglobal.com.