Forties Oil Falls Near 8-Year Low as Shell, Total Trade Cargo
By Alexander Kwiatkowski
July 11 (Bloomberg) — Forties North Sea oil fell to the lowest in almost eight years relative to Dated Brent after Royal Dutch Shell Plc sold a cargo to Total SA and Vitol Group offered a shipment without attracting a buyer.
Forties was at a discount of $1.63 a barrel to Dated Brent, compared with 95 cents yesterday, according to data compiled by Bloomberg. That’s the biggest discount since September 2000.
Shell, Europe’s biggest oil company, sold a shipment to Total, at least the second they have traded this week. Shell sold a cargo loading July 22 to July 24 at a discount of $1.55 to Dated Brent, the company said.
Vitol also offered a cargo, failing to attract a buyer. The trading house sought to sell a shipment loading between July 21 and July 23 at a discount of $2.30 to the price of August oil, it said.
Dated Brent for delivery in 10 to 21 days rose to $137.57 a barrel from $135.70 yesterday, according to Bloomberg data.
To contact the reporter on this story: Alexander Kwiatkowski in London at[email protected]
Last Updated: July 11, 2008 05:20 EDT
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
