5 January 2026: 16:30 GMT
Released in full, read it and give us your opinion!
Things were rather funky in the North Sea window today. Chevron, fresh off a big share price jump, was bidding Forties for 30 Jan-5 Feb at Dated +40c. Then all hell broke loose and Forties was a bigger battlefield than Caracas. Glencore added two bids for 21-26 Jan and 27 Jan-1 Feb; Trafi bid 17-26; Eni offered 21-23 Jan; and Gunvor offered 30 Jan-1 Feb. BP lifted that Gunvor offer at Mar BFOE +95c but the other offers went unrequited. But here’s the juice…
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