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Bids on a Platter

North Sea crude strengthened as Vitol/Shell bid cargoes. Paper stayed offered
Published: May 19, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
and
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
Reviewed by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
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The North Sea window continued on its supported run into this week, climbing to $1.505/bbl on 18 May (number from The Officials), which saw Vitol and Shell bid the spread of BFOETM cargoes, with the latter coming in contrary to the market's expectations.

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