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Sunday, 31 March 2019

W. Africa Crude-Buyers wait for Nigerian diffs to drop, Angolan trades briskly

W. Africa Crude-Buyers wait for Nigerian diffs to drop, Angolan trades briskly
London — Robust Asian demand and favourable U.S. gasoline cracks prompted sellers of Nigerian lighter grades to push up differentials, but some potential European buyers awaited markdowns. U.S. sanctions on Venezuelan exports continued to support high differentials for comparable medium-heavy Angolan grades. NIGERIA * Around 14-15 cargoes remain for April-loading * Bonny light and Qua … More »

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