North Sea Crude-Forties diff edges higher
LONDON, Nov 21 (Reuters) - The differential for Forties rose on Monday after a deal but the region remained oversupplied with mulitple cargoes being offered off floating storage.
* The Brent Pipeline System, which carries 83,000 barrels per day of the crude to the Sullom Voe terminal in the Shetland Islands, will shut down for three weeks for planned maintenance from Nov. 22, operator TAQA said on Monday.
DEALS
* Vitol sold a cargo of Forties to Mercuria at dated Brent minus 75 cents a barrel loading Dec. 5-7.
BIDS/OFFERS
* Mercuria bid for a cargo of Forties at dated Brent minus 80 cents a barrel loading Dec. 6-11.
* Glencore (HKSE: 0805.HK - news) offered a cargo of Forties off the Blackcomb tanker at a $1.25 discount to the cash January BFOE loading Dec. 5-9.
* Glencore offered a second cargo ex-tanker off the Astro Saturn at a $1.60 discount to the cash January BFOE loading Dec. 1-4.
* Vitol offered a cargo of Forties off the Dubai Charm tanker at a $1.45 discount to the cash January BFOE loading Dec. 1-4.
* Shell (LSE: RDSB.L - news) offered a cargo of Forties off the NS Arctic Cash tanker at a $1.60 discount to the cash January BFOE loading Dec. 2-8 or at a discount of $1.35 to the cash January BFOE loading Dec. 9-15. (Reporting by Julia Payne; Editing by Ruth Pitchford)