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North Sea Crude-Steady, UK union ballots 300 workers over strike

North Sea crude differentials were steady on Friday after a lack of price indications in the Platts window.

The Unite labour union is balloting around 300 Stork workers about taking strike action on more than 30 offshore installations, the union said in a statement. Any strike could potentially lead to production shutdowns, the union said. The ballot closes on March 17.

PLATTS WINDOW

Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).

No bids, offers or deals, a trade source said.

Forties: Still assessed at dated Brent minus 40 cents, in line with an offer on Wednesday.
Source: Reuters

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