Royal Dutch Shell (RDS.A, RDS.B) says it is adjusting its terms of trade for North Sea crude...


Royal Dutch Shell (RDS.A, RDS.B) says it is adjusting its terms of trade for North Sea crude oil, aligning them with Platts' (MHP) recommendations for reform and ending a conflict over how best to address shrinking availability of crude in the region. Shell will introduce "quality premiums" for Oseberg and Ekofisk crudes, two of the four grades that make up the Brent-Forties physical cash market.

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