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: North Sea Food Fight

1 min read

17 December 2024: 16:30 GMT

Tasting menu turned food fight. There were more players than other December windows: BP, Mitsui and Gunvor all joined the familiar trio of Trafi, Totsa and Equinor today. Gunvor got stuck in, selling a 12-14 Jan Forties to Trafi at Dated +$0.55, while it was also offering Midland. Totsa didn’t want to be left out and bought a 10-14 Jan Midland from Equinor at $1.60 over Dated. Mitsui, for all its bidding for Ekofisk and Forties, went home empty handed. Although it was offering Forties, BP didn’t feel like Mitsui’s bids came up to standard, and the two went their separate ways.

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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.