LONDON: North Sea Forties crude differentials slumped on Thursday, pressured by ample prompt supplies while a brief closure of Norway's Sture terminal was thought unlikely to affect loadings significantly.
STURE TERMINAL
* The Sture terminal, the outlet for Oseberg and Grane crude, was shut temporarily after two vessels collided.
* Traders said the incident had been too brief to affect loadings significantly. "This looks like it will be pretty short term," one of the traders said.
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