07 February 2019, Sweetcrude, Lagos — Demand for Nigeria’s oil is on the high as cargoes for March have almost sold out.
Market reports as at Tuesday indicated that less than five of the March cargoes were left as a result of high demand by European refiners.
April schedules would be released in just over a week.
Bonny Light and Qua Iboe are still being offered at more than $2 a barrel above dated Brent.
Brent, as at Tuesday, closed at $62.11 per bareel.