13 March 2015, Lagos – Rising freight rates in the West African crude oil market are having a knock effect on the already high oil prices in the region, according to market sources. Traders said that higher crude differentials being offered in the market, in conjunction with elevated transportation fares, could force refiners to substitute […] More »
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Friday, 13 March 2015
West African crude oil loses momentum as freight cost rises
13 March 2015, Lagos – Rising freight rates in the West African crude oil market are having a knock effect on the already high oil prices in the region, according to market sources. Traders said that higher crude differentials being offered in the market, in conjunction with elevated transportation fares, could force refiners to substitute […] More »
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