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North Sea Crude-Still under pressure, supplies weigh

Reuters - UK Focus

LONDON, April 21 (Reuters) - North Sea Forties and Brent crude differentials remained under downward pressure on Friday, reflecting plentiful supplies on offer in the region.

WINDOW SUMMARY

* Forties: Shell (LSE: RDSB.L - news) offered a May 3-5 cargo at dated Brent minus 45 cents, down 5 cents from an offer on Thursday.

* Brent: Glencore (Frankfurt: 8GC.F - news) offered a May 6-8 cargo at dated Brent minus 75 cents, leaving the market value unchanged. The grade traded at dated minus $1.00 on Thursday, the weakest differential since mid-2015.

* Ekofisk: Vitol sold to Total (LSE: 524773.L - news) a cargo loading on May 14-16 at dated Brent minus 15 cents, down 5 cents from a trade on Thursday. (Reporting by Alex Lawler; Editing by Susan Fenton)