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North Sea Crude-Forties, Brent ease

Reuters - UK Focus

LONDON, Jan 16 (Reuters) - North Sea Forties and Brent crude differentials eased on Tuesday, pressured by softer demand and doubts as to how much crude would be heading to Asia.

Shell (LSE: RDSB.L - news) , a prominent Forties buyer this year, did not buy any more cargoes for a second session, after acquiring at least eight earlier in January.

The company is expected to send some of the oil to Asia, but trade sources said a vessel Shell had fixed to take Forties to South Korea, Militadis Junior, might not make the trip after all.

WINDOW

* No deals were done.

* Forties: Lukoil offered a Feb. 5-7 cargo at dated Brent plus 40 cents, down 10 cents from an offer on Monday.

* Brent: Total (LSE: 524773.L - news) offered a Feb. 7-9 cargo at dated Brent plus 30 cents, lower than the previous assessment. This means Brent sets the value of dated Brent, as it is the lowest priced benchmark grade. (Reporting by Alex Lawler; Editing by Alexander Smith)