Sunday, 18 May 2025 | 20:23
SPONSORS
View by:

W. Africa Crude-Demand for Nigerian, Angola cargoes appear to slow

Friday, 08 September 2023 | 00:00

Demand for Nigerian crude appears to be slowing, as its key customer India takes in cheaper Russian oil.

There are still a few cargoes of Nigerian crude left over from the September schedule, a trader said On Thursday.

Nigeria’s October loading schedule emerged in late August. The West African country on average typically has 40 cargoes of crude on offer any given month.

Sales in Angola, which counts China as its main customer, also appears to be thawing, with a trader on Wednesday suggesting only one cargo from its October loading schedule was sold in the past week.
Source: Reuters (Reporting by Natalie Grover in London; editing by David Evans)

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping
Next article
Back to list
Previous article

Newer news items:

Older news items:

Comments
SPONSORS

NEWSLETTER