Thursday, 18 September 2025 | 03:44
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W. Africa Crude-Steady, programmes due

Thursday, 18 September 2025 | 00:00

West African crude oil differentials were steady on Tuesday after falling in recent sessions on higher freight costs.

* Around six October-loading Angolan cargoes are still for sale, a trade source said. November’s schedule is due in the next few days.

* Buying tenders from India’s HPCL and Indonesia’s Pertamina are running, discouraging sellers from offering, a trader said.

* A jump in freight costs has weighed on sentiment in recent days, prompting some traders to say differentials need to fall.

* On Monday, Angola’s Girassol was offered at dated Brent plus $1.50 and Hungo at dated Brent plus 59 cents, both weaker than previously heard levels.
Source: Reuters

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