=BN

The following table gives prices and spreads for Brent crude oil in the informal 25-day forward market, where 600,000-barrel contracts change hands in trades that are usually arranged by telephone and not on exchange floors. All prices are free on board and quoted in dollars per barrel as assessed by Bloomberg market surveys of traders and analysts.

Time         Jan       Feb       Mar   Jan/Feb   Feb/Mar       Feb       Feb
           Brent     Brent     Brent  Br. Sprd  Br. Sprd Br.-Dubai   WTI-Br.
London  Buy/Sell  Buy/Sell  Buy/Sell  Buy/Sell  Buy/Sell  Buy/Sell  Buy/Sell
07:00  111.48/54 111.28/30 111.03/05  +0.20/24  +0.23/27  +3.26/30 -12.05/01
                             Previous Day’s Prices
09:00  112.59/65 112.30/32 111.98/00  +0.29/33  +0.30/34  +3.26/30 -11.96/92
10:30  112.63/75 112.24/26 111.93/95  +0.39/49  +0.29/33  +3.26/30 -11.93/89
12:30  112.09/21 111.70/72 111.42/44  +0.39/49  +0.26/30  +3.26/30 -11.75/71
14:30  111.97/09 111.58/60 111.31/33  +0.39/49  +0.25/29  +3.26/30 -11.50/46
16:30  111.63/75 111.24/26 111.00/02  +0.39/49  +0.22/26  +3.26/30 -11.90/86
19:30  112.61/73 112.22/24 111.88/90  +0.39/49  +0.32/36  +3.07/11 -11.84/80
21:00  111.63/75 111.24/26 111.00/02  +0.39/49  +0.22/26  +3.26/30 -11.90/86

Note: Positive spreads are a premium of first month, or crude, to second.
Negative spreads indicate a discount of first month, or crude, to second.

25-day Forward Brent                    111.30    
ICE Feb futures                    111.21    
EFP                       0.09      
Dated Brent\BFO                    111.44    
Brent\BFO Differential                    0.47      
Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.