London — Freight rates eased further on Friday, especially for the largest oil tankers, promising some recovery for West African oil…
Browsing: IOC
London — Offering prices for Angolan and Nigerian crude oil continued to ease from all-time highs on Tuesday amid sluggish…
London — Sellers returned to the window on Monday to entice buyers spooked by high freight rates due to Washington’s…
LONDON — High freight rates and a wide backwardation continued to weigh on the market on Wednesday, making a large…
London — A VLCC of Nigerian crude was seen bound for China, marking its biggest month of buying from Africa’s…
Some prompt-loading Nigerian crude cleared on Tuesday but there was still an overhang of at least 25 cargoes of Nigerian grades due to the plentiful
Spot activity was slim on Monday but an Indian refiner took a greater than usual volume in its latest buy tender, helping to mop up excess Nigerian crude
Nigerian oil was selling consistently on good European gasoline margins as a handful of spot cargoes remained for July loading
West Africa Crude: Trading favours late buyers as prices trend downward. Slower than usual trading for July-loading cargoes has encouraged sellers
London — Interest picked up for Angolan grades on Tuesday after sellers lowered prices, but market structure and high freight…