International crude: Forcados premium nears its 4-year nadir

摘要

Forcados crashed to a near four-year low premium to Dated Brent Friday as all eight May-loading cargoes remained unsold. This in addition to two unsold cargoes from the April-program were putting downward pressure on the grade, sources said. Forcados was assessed at Dated Brent plus 22.5 cents/barrel.