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Platts Raises North Sea Forties De-Escalator to 20 cents/b for July

OIL

The sulphur de-escalator to be applied to the Forties crude oil cargoes and related instruments in the North Sea assessment will be set at 20 cents/b for July, up 5 cents/b from June, Platts said.

  • The de-escalator is applied at 20 cents/b per 0.1% weight of sulphur over the 0.6% weight standard.
  • The de-escalator will apply to cargoes loading from July 1.

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