Quality Premiums for July 2021-loading North Sea cargoes

Effective June 1, 2021, the North Sea Quality Premiums for July 2021-loading North Sea cargoes will be as follows:

Crude Grade
Quality Premium
Oseberg QP
$0.1274
Ekofisk QP
$0.1009
Troll QP
$0.1729

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