London — Freight rates eased further on Friday, especially for the largest oil tankers, promising some recovery for West African oil…
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London — Offering prices for Angolan and Nigerian crude oil continued to ease from all-time highs on Tuesday amid sluggish…
London — New U.S. sanctions on COSCO, one of the world’s major oil shipping fleets, raised shipping prices on Thursday,…
The preliminary October export schedules for most grades of Nigerian oil had circulated among traders by Friday, with the top streams providing
W. Africa Crude – Nigerian October programmes trickle out. Nigeria’s October loading programmes began to emerge on Wednesday while Angola’s state
Nigeria’s October loading programmes are expected imminently as Angolan differentials are set to improve amid improved demand for heavy sweet crude
Preliminary export programmes for Angolan oil for October began to emerge on Friday while price offers for Nigerian crude improved on increased Asian demand
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
Angolan crude oil continued to sell briskly to China as higher product export quotas for independent refiners pushed up demand.
Differentials for Nigerian crude oil continued to slide as lacklustre refining margins and a plethora of competing