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North Sea Crude-Forties strengthens after falling to lowest since mid 2017

LONDON, Feb 13 (Reuters) - North Sea Forties crude differentials rebounded on Tuesday, after falling on Monday to their weakest since the middle of 2017, traders said.


* Forties: Glencore (Frankfurt: 8GC.F - news) sold a March 3-5 cargo to Gunvor at dated Brent minus 40 cents.

* Gunvor sold a March 11-13 cargo to ENI (LSE: 0N9S.L - news) at dated Brent minus 21 cents.

* Gunvor also offered a Forties loading Feb. 28-March 2 at dated Brent minus 10 cents on a ship-to-ship (STS (Shanghai: 603322.SS - news) ) basis in Scapa Flow from the Blue Pride.

* Shell (LSE: RDSB.L - news) bid March 10-15 Forties at dated minus 35 cents and Vitol bid March 9-13 at dated minus 23 cents.

* Ekofisk: Statoil (LSE: 0M2Z.L - news) bid March 9-13 at dated plus 55 cents. Statoil also bid Troll March 13-15 at dated Brent plus $1.90.

* The market mood in the Atlantic (Shanghai: 600558.SS - news) basin was generally weak.

* "Atlantic Basin crudes are the barometer for the health of the global oil market since the region is the first to reflect looser fundamentals. Struggling North Sea physical crudes like Brent, Forties, and Ekofisk suggest that barrels are having difficulty finding buyers," said Michael Tran from RBC Capital Markets.

(Reporting by Dmitry Zhdannikov; Editing by Susan Fenton)