Premiums to dated BFO hit records

摘要

North Sea crude markets are hitting record premiums to benchmark dated BFO as field maintenance and disruption to Nigerian exports tighten light sweet supplies. And demand is growing as refiners increase run rates to benefit from near-record margins.Offers for Statfjord and Gullfaks cargoes have risen to more than 5/bl above dated BFO, compared with a premium of nearly 2/bl a week earlier (see graph).