An Indian tender absorbed some of the Nigerian overhang on Friday while majors were taking unsold…
Tag: West Africa Crude
West Africa Crude: IOC awards tender, Angolan nearly cleared
A few straggling August loading Angolan crude changed hands on Thursday while trade of Nigerian oil…
West Africa Crude: Nigerian July surplus gets smaller
A surplus of Nigerian cargoes for July loading is getting smaller after a drop in differentials…
West Africa Crude: Angolan mostly sold, Nigerian surplus remains
Angolan crude oil cargoes for August loading were mostly sold after Chinese demand picked up, traders…
West Africa Crude: Nigeria diffs under pressure, Sonangol reduces Saturno
Nigerian differentials remained under pressure on Wednesday owing to an oversupply of light, sweet crude in…
West Africa Crude: HPCL buys Nigerian, but diffs under pressure
An excess of light sweet crude continued to threaten Nigerian crude prices, though the reliability of…
West Africa Crude:Tenders keep spot trade on hold
Spot deals were on hold on Tuesday, traders said, indicating that a number of Asian tenders…
West Africa Crude: Angolan August programme emerges, fresh tenders issued
Nigerian crude remained in overhang with June and July cargoes still lingering though a few cleared…
West Africa Crude: Qua Iboe diff plummets on light, sweet oversupply
Trade in Nigerian grades was slow on Tuesday owing to plentiful alternative light sweet grades in…
West Africa Crude: Force majeure on Nigeria’s Bonny Light cuts into excess
Shell declared force majeure on Bonny Light exports following a pipeline leak, taking some pressure off…
West Africa Crude: Supplies weigh on Nigerian, tenders in focus
Nigerian crude differentials remained under downward pressure on Tuesday from ample supplies while offer levels for…
West Africa Crude: Nigerian diffs under pressure, Angolan trades slowly
There was downward pressure on Nigerian crudes, particularly as India’s BPCL opted for non-West African oil…