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Global Oil Markets Podcasts

Global factors widen the Forties/Urals crude oil spread

March 29, 2017 (7:54 mins)



S&P Global Platts editors Joel Hanley, John Morley and Marcel Goldenberg discuss the "exploding" price difference between two important crudes in North Europe -- benchmark Forties and Russia’s Urals.

FOB Forties -- FOB Baltic Urals crude oil spread


Relevant Platts price assessments:
Price Date
Forties FOB N Sea vs N Sea Dtd Strip -$0.2/b 03/28/2017
Urals FOB Ventspils vs Med Dtd Strip -$3.645/b 03/28/2017



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