Our team of skilled analysts, by utilising the depth and breadth of Onyx's market knowledge, grants us an unparalleled perspective in the market, enabling us to identify and report emerging trends.

The Officials: No hanging about in the North Sea!

1 min read

10 December 2024: 16:30 GMT

The window was more dynamic than ever! December’s been pretty crazy but today they cranked it up another notch. Bids and offers were flying left, right and centre. Trafi and Totsa were bidding heavily, while Equinor was offering a plethora of grades for yet another session. The Norwegian major was still trying to shift a 22-26 Dec Sverdrup, offering it down to $1.30 under Dated, but found no taker even there. It had more luck with its Midland offering. Once again, Trafi was hungry for Midland and swept up Equinor’s offer of a 5-9 Jan Midland at Dated +$1.95 as soon as the Norwegians lowered that far. That wasn’t enough Midland for Trafi, which kept bidding, looking for a 1-5 Jan cargo at Dated +$2.00 and another 27-31 Dec for the same price. It threw in a bid for a 1-5 Jan Midland at $2 over Dated too.

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Our team of skilled analysts, by utilising the depth and breadth of Onyx's market knowledge, grants us an unparalleled perspective in the market, enabling us to identify and report emerging trends.