The InterContinental Exchange (ICE) has launched its first set of derivatives linked to the West African…
Tag: Bonny Light
Shell lifts force majeure on Nigerian Bonny Light crude exports
Royal Dutch Shell’s subsidiary in Nigeria (SPDC), lifted force majeure on Bonny Light crude oil exports…
West Africa Crude: Nigerian October exports set to slip, Sonangol allocates cargoes
Nigeria’s total exports are set to slip in October, possibly to a five-month low, according to…
West Africa Crude: Cargoes trade swiftly, but diffs to Brent falter
Cargo offer differentials softened slightly this week for Nigerian crude, though barrels continued to trade relatively…
West Africa Crude: Trade slow while tender results awaited, Angolan steady
Angolan differentials were underpinned on Tuesday by strong refining margins while Nigerian trade was thin as…
West Africa Crude: Nigerian clears further, Angolan nearly sold out
An Indian tender absorbed some of the Nigerian overhang on Friday while majors were taking unsold…
West Africa Crude: Angolan June availability dwindles, Nigerian trade slow
Trade of Nigerian crude was slow with offers not meeting buying interest and uncertainty remained over…
West Africa Crude: Some Nigerian programmes emerge, June Angolan offered
June loading Angolan cargoes have started trading, while a flurry of tenders due to close next…
West Africa Crude: India’s IOC issues new tender, Bonga trades
Some Nigerian crude traded following the award of several tenders that held up the market, while…
West Africa Crude: Traders focus on tenders, Taiwan CPC re-selling
Trading in Nigerian crude was limited on Monday with traders focusing on several tenders, while Taiwan…
West Africa Crude: Nigerian boosts OSPs, Angola trades into tenders
More May exports emerged from Nigeria, while state oil company NNPC boosted official selling price (OSP)…
West Africa Crude: Early Nigerian programmes suggest export drop in May
Nigeria’s May exports showed declines in Bonny Light and Qua Iboe, while April plans continued to…