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North Sea Crude-Forties bid higher, Ekofisk steady

Reuters - UK Focus

LONDON, Feb 17 (Reuters) - North Sea Forties crude differentials rose slightly on Friday after a stronger bid but remained at a discount to dated Brent, while Ekofisk was steady.

Forties has drawn support from a larger-than-usual amount of the grade heading to Asia in February, although traders have said supply is still ample and it is not yet clear if March will also see a high arbitrage flow.

WINDOW SUMMARY

* Forties: Glencore (Frankfurt: 8GC.F - news) bid for a Forties loading on March 6-10 at dated Brent minus 50 cents, up 5 cents from a deal on Thursday.

* Ekofisk: Eni (LSE: 0N9S.L - news) bid for a March 10-12 cargo at dated Brent plus 15 cents, steady from the last indications seen this week. (Reporting by Alex Lawler; Editing by Jane Merriman)